The U.S. dollar gained against major world currencies after its August 1 tumble
Description
A poorly performing U.S. dollar slightly rebounded against major currencies as Friday’s U.S. employment data showed less-than-expected growth in July. Investors also reacted to President Trump’s firing of the Bureau of Labor Statistics Commissioner Erika McEntarfer, ahead of the Fed’s decision on interest rates. Fed Governor Adriana Kugler’s unexpected resignation and Trump’s firing of a top labor official dealt a blow to the U.S. dollar, sinking it 1.5% against the Euro and 2% against the Japan...
Latest News
- Trump floats tariff dividend for middle and lower income Americans2025-08-04 08:01:27
- Ethena’s USDe expands by 75% as growth turns vertical in July2025-08-04 07:43:39
- Pepeto Presale Accelerates as Shiba Inu (SHIB) Whales Ignite Meme Coin Hype2025-08-04 07:29:26
- MCP Server Integration: StorX Redefines Decentralized Storage with AI-Powered Efficiency2025-08-04 05:57:29
- The U.S. dollar gained against major world currencies after its August 1 tumble2025-08-04 05:39:23