FOREX-Dollar eases off of two-week high ahead of jobs report ...Middle East

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FOREX-Dollar eases off of two-week high ahead of jobs report
source : Devdiscourse ( Middle East ) () 61
The dollar eased off of its more than two-week high hit earlier on Wednesday as U.S. economic data came in a bit softer than expected and traders awaited a key jobs report at the end of the week. U.S. private payrolls rose by the most in seven months in April, ADP data showed on Wednesday, as companies boosted production to meet a surge in demand amid massive government spending and rising COVID-19 vaccinations. But the 742,000 private jobs created fell short of the 800,000 jobs expected by economists in a Reuters poll.

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