US session – Dollar drops across the board on weak employment report
Posted on October 22, 2013 at 7:35 pm GMTThe dollar suffered steep losses on Tuesday following a weaker-than-expected employment report. The euro made a 2-year high against the greenback but failed to pierce the 1.38 level, climbing 0.78% to trade at 1.3782 in late New York trading. The pound gained 0.63% to trade at 1.6238. The delayed release of the September employment report was the main news item of the day. The month-on-month growth of nonfarm payrolls came in at 148,000 against expectations of a 185,000 jobs increase. [..]