Dollar Strengthens Ahead of U.S. Jobs Report; Sterling Declines - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Over One Million Flee Sudan Conflict to South Sudan, UN Reports
user-iconGloria Terra
side-post-image
Desperate Gazans Unearth Bodies Amidst Ruins, Seeking Dignified Graves for Lost Loved Ones
user-iconGloria Terra
Contact Phone:
Economy

Dollar Strengthens Ahead of U.S. Jobs Report; Sterling Declines

share-iconFriday, January 10 comment-icon1 week ago 8 views
News sources:
reutersREUTERS
Dollar Strengthens Ahead of U.S. Jobs Report; Sterling Declines

Credited from: REUTERS

  • The **dollar** is poised for a sixth consecutive week of gains, supported by **high bond yields** and strong expectations for U.S. job growth.
  • A global bond sell-off is steering markets, causing the **dollar** to rise while other currencies, including the **sterling**, struggle.
  • **U.S. 10-year Treasury yields** have increased to **4.69%**, influencing market speculation regarding potential **U.S. rate hikes**.
  • The **sterling** fell **0.17%** to **$1.2285**, marking a 14-month low, as investor confidence in the British economy wanes.
  • Overall, the market anticipates the **U.S. non-farm payrolls data**, with predictions indicating a gain of **160,000 jobs** in December.

For the full article, visit Reuters.

Gallery

SHARE THIS ARTICLE:

TAGS:

Dollar Sterling Us jobs data Bond yields Currency
author-dp

Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

nav-post-picture
date-iconJanuary 10, 2025 Millennial Shares Impact of Childhood Trauma Linked to Parenting Dynamics
date-iconJanuary 10, 2025 Expert Reveals Donald Trump's Manipulation of Disasters for Political Gain
nav-post-picture
Related Posts
main-post-image
POLITICS
Trump Grants Pardon to Silk Road Founder Ross Ulbricht in Controversial Move
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Trump's Meme Coin Launch Raises Concerns in Crypto Community
date-iconJan 22, 2025
main-post-image
ECONOMY
Donald Trump's Meme Coin Surges Over $10 Billion Market Value on Inauguration Day
date-iconJan 21, 2025
main-post-image
ECONOMY
Markets React Positively as Trump Begins Second Term with Pro-Business Expectations
date-iconJan 21, 2025
main-post-image
WORLD NEWS
Bitcoin Soars Over $109,000 Ahead of Trump's Inauguration Promising Crypto Reforms
date-iconJan 20, 2025
main-post-image
WORLD NEWS
Understanding the Role of Climate Whiplash in the Severity of California's Wildfires
date-iconJan 15, 2025

Stay Connected

main-post-image
World News
South African Police Launch Manhunt for Illegal Mining Kingpin After Tragic Deaths
date-icon January 20, 2025
main-post-image
World News
Ben Shelton Critiques Australian Open Interviewers for Disrespectful Comments
date-icon January 22, 2025
main-post-image
World News
Trump Signs Executive Order to Rename Gulf of Mexico and Denali, Sparking GOP Backlash
date-icon January 22, 2025
main-post-image
Politics
Novak Djokovic Boycotts Channel Nine Interview, Receives Apology from Broadcaster After Controversial Comments
date-icon January 20, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Over One Million Flee Sudan Conflict to South Sudan, UN Reports
user-iconGloria Terra
side-post-image
Desperate Gazans Unearth Bodies Amidst Ruins, Seeking Dignified Graves for Lost Loved Ones
user-iconGloria Terra
© 2025 All rights reserved | PRESS AI WORLD