The US dollar succeeded in stabilizing higher than an important support at the end of the third quarter of 2017, as the dollar index rose from 92.40 after it continued its decline since the end of the first quarter of the year, reaching the lowest level since January 2015 at 90.97.
Canadian jobs rose by 22.2 thousand jobs in August, slightly stronger than expectations for a mere 19,000 jobs, following the addition of 10.9 thousand jobs in July.
Japan's consumer spending unexpectedly fell in July despite a continuing improvement in the labor market, providing some hope for faster wage growth and thus helping the world's third-largest economy to get rid of long decades of deflation.
The US dollar rose strongly during mid-day trading to reach its highest level since July 28 at 93.75, following the JOLTS Job Index, which rose to a record high by 461,000 in June, rising to 6.2 million.
By Reuters : U.S. employers likely maintained a strong pace of hiring in July while raising wages for workers, signs of labor market tightness that could clear the way for the Federal Reserve to announce next month a plan to start shrinking its massive bond portfolio.
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