US dollar jumps after a sizzling December non-farm payrolls report ...Middle East

The US dollar rose 80-100 pips across the board with other currencies hitting multi-month or multi-year lows virtually across the board.

At the lows, the euro was at the worst level since 2022.

This report will give the Fed a headache and is the second solid number since a +36K reading in October. It's some of the first good data showing a true post-election bump, though I would caution that December employment numbers are full of seasonal adjustments due to the holidays and short-term retail hiring.

This article was written by Adam Button at www.forexlive.com.

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