Asian Session – Dollar steadier after jobs data; Weak China exports raises stimulus hopes
Posted on August 10, 2015 at 8:03 am GMTThe dollar stabilized after its brief surge on Friday that followed another set of robust jobs growth. Nonfarm payrolls for July were slightly below expectations at 215k but at above 200k, maintained the overall healthy pace of jobs growth seen over the past year. The greenback was mostly flat in Monday’s Asian trading and near Friday’s lows as the euro recovered to back above 1.09 dollars to 1.0963 dollars in late Asian session. Against the yen, the dollar was firmer, [..]