Earning Data Boosted Soft Greenback
The greenback has broadly reinforced thanks to positive earning and employment data. Fed expected 180,000 new jobs, but instead the report marked 200,000, which is very good news. Jobless rate stayed at 4.1%. Average hourly earnings increased 0.3%. Dollar was also boosted by Fed’s hopes for rise in inflation and the ensuing speculations about rate hike in March.