Dollar pressured after lacklustre US jobs data


SINGAPORE: The dollar faced fresh pressure in Asian trade Monday as lacklustre US jobs data fuelled speculation about the Federal Reserve's plans to wind down its stimulus programme.

The euro bought US$1.3678 in mid-morning Singapore trade from US$1.3666 in New York on Friday. The greenback eased to 103.29 yen from 104.15 yen. The euro bought 141.27 yen from 142.33 yen.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

US jobs , employment , data , dollar , forex , currencies

   

Next In Business News

Malton’s net profit surges 73%
Ananda Krishnan a key figure in developing Malaysian media, telco and entertainment industries
Bank Negara urges insurers, takaful operators to review repricing strategies
Capital A delivers net profit of RM1.64bil in 3Q on forex gains, demand recovery
Genting maintains positive outlook on tourism, gaming market
EcoWorld's unit issues RM300mil sukuk wakalah
Ringgit ends flat in quiet trading ahead of US Thanksgiving holiday
Oil flat after US gasoline stocks build and delay to Opec+ meeting
TNB's net profit soars 85% to RM1.58bil in 3Q
PPB's 3Q net profit falls to RM208.12mil

Others Also Read