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Dollar on the defensive after jobs data, spotlight on Fed | Hellenic Shipping News Worldwide

Dollar on the defensive after jobs data, spotlight on Fed | Hellenic Shipping News Worldwide
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FOREX-Dollar in defensive mood after jobs data; Fed in focus

The dollar was subdued on Wednesday, weighed by bearish U.S. labour market data as investors fretted over the U.S. debt ceiling and banking sector risks, while waiting for the Federal Reserve's policy decision later in the day. U.S. job openings fell for a third straight month in March and layoffs increased to the highest in more than two years, data showed on Tuesday, offering some hope that softening in the labour market could aid the Fed's fight against inflation.

Dollar in defensive mood after jobs data; Fed in focus

The dollar eased on Wednesday, with investors expecting a hike in U.S. interest rates later in the day, but unsure how long the Federal Reserve will keep policy tight considering the latest gloomy jobs data and U.S. debt ceiling and banking sector risks.

Dollar in defensive mood after jobs data; Fed in focus - Stock market news

SINGAPORE (Reuters) - The dollar was subdued on Wednesday, weighed by bearish U.S. labour market data as investors fretted over the U.S. debt ceiling and banking sector risks, while waiting for the Federal Reserve's polic. | 10:30pm

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