The U.S. Dollar Exhange on Friday, January 7, 2022 Fell According to Trading Economics.
Source: tradingeconomics.com United States Dollar | 2022 Data | 2023 Forecast | 1971-2021 Historical 2 minutes The dollar index fell below 96 on Friday, but was still on course for a weekly gain as investors continue to see a faster timetable for raising interest rates this year even though the December jobs report disappointed. Non-farm payrolls increased only 199 thousand in December, well below market forecasts of 400 thousand but the unemployment rate dropped more than expected and wage growth accelerated. Policymakers said in the latest Fed minutes the “very tight” US labor market might warrant raising rates sooner and indicated they could also reduce the central bank’s balance sheet to tame high inflation. Historically, the United States Dollar reached an all time high of 164.72 in February of 1985. United States Dollar - data, forecasts, historical chart - was la