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Dollar Pressured by Mixed US Labor News
Yahoo Finance·2025-11-20 20:37

The dollar index (DXY00) on Thursday fell from a 5.5-month high and finished down by -0.04%.  The dollar whipsawed lower Thursday after US Sep nonfarm payrolls rose more than expected but the Sep unemployment rate unexpectedly ticked up to a nearly 4-year high, bolstering expectations that the Fed may still cut interest rates at next month's FOMC meeting.  Other US economic news on Thursday was mixed for the dollar as weekly jobless claims fell more than expected, the Nov Philadelphia Fed business outlook ...