US Dollar falls sharply after NFP as US yields plummet
03.11.2023, 13:42

US Dollar falls sharply after NFP as US yields plummet

  • Nonfarm payrolls rise below expectations in October.
  • The US Dollar tumbles as Treasury bonds jump.
  • The US Dollar Index falls to one-month lows below 105.30.

The weak US jobs report triggered a strong market reaction, sending the US Dollar sharply lower. The US Dollar Index is falling by 0.80%, marking its worst performance in months as Wall Street futures indicate a positive opening, extending the rally. 

In October, the US economy added fewer jobs than forecasted, with 150,000 jobs compared to the expected 180,000. The unemployment rate rose unexpectedly from 3.8% to 3.9%.

Following the report, US yields collapsed. The 2-year yield fell from nearly 5% to 4.85%, while the 10-year yield dropped from 4.64% to 4.55%. Wall Street futures  surged, and commodity prices jumped but later trimmed some of their gains.

The US Dollar Index (DXY) retreated from 105.90 to 105.25, reaching its lowest level since September 20. The DXY remains near daily lows and is under pressure. The next support level is seen at 105.10, followed by 104.65.

On a weekly basis, the DXY is experiencing its biggest decline since July, breaking out of a four-week range trading pattern and correcting further from the year-to-date high at 107.34 (October 3 high).

Technical levels


 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik