Euro set for longest losing streak in its history, ahead of US payrolls

پاکستان خبریں خبریں

Euro set for longest losing streak in its history, ahead of US payrolls
پاکستان تازہ ترین خبریں,پاکستان عنوانات
  • 📰 DunyaNews
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 83%

itemprop=description content=The European common currency was last down 0.16pc at $1.0533

SINGAPORE/LONDON - The euro was heading on Friday for a record twelfth week of declines against the dollar, unless US jobs data later in the day push the currently all-dominant greenback lower.

The euro/dollar moves have largely been dollar-driven, and the dollar index, which tracks the unit against six main peers, albeit with the greatest weight given to the euro, is heading for a 12th straight week of gains.The dollar's recent strength has been underpinned by a rapid sell-off in US government bonds, which sent yields to multi-year highs.

Other currencies were able to catch a break in the middle of this week when bond prices steadied, but US non farm payrolls data could change that. The pound , which hit a six-month low earlier in the week before rebounding, was down 0.18pc at $1.2169, and the dollar was also up against the Japanese yen, 0.3pc higher at 148.97.

ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:

DunyaNews /  🏆 1. in PK

پاکستان تازہ ترین خبریں, پاکستان عنوانات



Render Time: 2025-04-18 19:06:50