Dollar Slips, Euro Holds Steady, Jobs Report Looms


With reports on payrolls, employment, capital spending, and construction, here's your data driven FX Fix.

Investors are optimistic about a pending jobs report today, and that sentiment supported the euro. [CNBC]

The dollar, on the other hand, slipped as hopeful investors exited safe havens ahead of the nonfarm payrolls report. []

Germany Chancellor Angela Merkel again rejected the idea of euro zone bonds and said the crisis will take years to solve. [CNBC]

That huge coordinated central bank intervention followed tend says of secret rescue planning. [CNBC]

The Canadian dollar retreated after an employment report unexpectedly showed job losses in November. [CNBC]

Japanese capital spending plunged, but the yen stayed flat against the dollar. []

British construction activity grew slightly in November, but the pound had little reaction with U.S. economic data looming. [Reuters]



Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.

Learn more: The essential vocabulary for currency trading is on Key Currency Terms. Top strategies are broken down for you in Currency Class.

Talk back: Tell us what you want to hear about at