Dollar slips against the yen and other major currencies affected by the employment data

By @ibtimes on

The dollar slipped against the yen and other major currencies during the Asian session today following a drop in the number of jobs added in the private sector in the United States of America, which fueled speculation that the government jobs report on Friday may see a decline in the performance of the employment sector.

The euro started today's session with an incline against the dollar, as the pair trades around 1.4139 after recording the highest at 1.4146 and the lowest at 1.4115. The pair faces a support at 1.4030. The daily momentum indicators show the pair in an oversold area.

The pound traded higher against the greenback, trading around 1.6092 after recording the highest at 1.6110 and the lowest at 1.6071. The pair faces a support at 1.6040. The daily momentum indicators show the pair in an oversold area.

The dollar/yen pair drop during the Asian session, as the pair trades around the 82.61 level, recording the highest at 83.16 and the lowest at 82.55. The pair faces a support at 82.40. The daily momentum indicators show the pair in an overbought area.

Join the Discussion