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  • Foreign exchange market. American session: the U.S. dollar traded mixed to lower against the most major currencies after the mixed U.S. labour market data
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05.09.2014, 15:42

Foreign exchange market. American session: the U.S. dollar traded mixed to lower against the most major currencies after the mixed U.S. labour market data

The U.S. dollar traded mixed to lower against the most major currencies after the mixed U.S. labour market data. The U.S. economy added 142,000 jobs in August, missing expectations for a rise of 222,000 jobs, after a gain of 212,000 jobs in July. July's figure was revised up from a gain of 209,000 jobs.

That was the slowest pace in 2014.

The U.S. unemployment rate declined to 6.1% in August from 6.2% in July, in line with expectations.

The euro traded mixed against the U.S. dollar. The European Central Bank's (ECB) interest rate cut to 0.05% from 0.15% still weighed on the Euro.

Eurozone's gross domestic product (GDP) was flat in the second quarter, in line with expectations.

On a yearly basis, Eurozone's GDP rose 0.7% in the second quarter, in line with expectations.

German industrial production climbed 1.9% in July, exceeding expectations for a 0.5% gain, after a 0.4% rise in June. June's figure was revised up from a 0.3% increase.

The British pound traded mixed against the U.S. dollar. The Bank of England's interest rate decision weighed on the pound. The Bank of England (BoE) kept its interest rates unchanged at 0.5% and its asset purchase program unchanged at £375 billion.

Consumer inflation expectations for the coming year in the UK climbed to 2.8% from 2.6% in May.

The Canadian dollar traded mixed against the U.S. dollar after the weaker-than-expected Canadian labour market data. Canada's unemployment rate remained unchanged at 7.0% in August, in line with expectations.

Canadian economy lost 11,000 net jobs in August, missing forecasts of an increase of 10,300 jobs, after a rise of 41,700 jobs in July.

Canada's Ivey purchasing managers' index dropped to 50.9 in August from 54.1 in July, missing expectations for an increase to 55.7.

The Swiss franc traded mixed against the U.S. dollar. Foreign currency reserves of the Swiss National Bank increased to 453.799 billion Swiss francs in August from 453.353 billion Swiss francs in July. July's figure was revised down from 453.391 billion Swiss francs.

The New Zealand dollar traded higher against the U.S dollar in the absence of any major economic reports from New Zealand.

New Zealand's Finance Minister Bill English said in an interview today that he expects the kiwi to decline further as the U.S. economy recovers.

The Australian dollar traded higher against the U.S. dollar after the mixed U.S. labour market data.

The AiG Performance of Construction Index rose to 55 in August from 52.6 in July.

The Japanese yen traded higher against the U.S. dollar. Japan's leading economic index increased to 106.5 in July from 105.5 in June, missing expectations for a rise to 107.2.

Japan's coincident index slightly rose to 109.9 in July from 109.7 in June.

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