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Jumat, 10 Januari 2014

Dollar Set for Weekly Gain Versus Majors on Jobs Data; Yen Falls

Bloomberg (10/01) - The dollar was set to complete a profit versus most major peers this week before data that may show U.S. job gains, signaling the economy may be strong enough to weather reductions in Federal Reserve stimulus.

The Bloomberg Dollar Spot Index touched a four-month high yesterday and was poised for a fourth weekly advance, the longest stretch in 10 months. The Labor Department may say today the unemployment rate remained at a five-year low.

The yen dropped against every but one of its 16 major peers after Goldman Sachs Group Inc. said Japans currency will decline faster than it previously estimated.

The Bloomberg Dollar Spot Index, which tracks the U.S. currency against 10 of its major counterparts, was tiny changed at 1,028.16 as of 6:50 a.m. in London after touching 1,030.42 yesterday, the highest since Sept. 9. Its poised to rise 0.2 percent this week, set to complete a four-week advance thats the longest since March.


The greenback added 0.2 percent to 104.98 yen, and is up 0.1 percent for the week. The yen dropped 0.2 percent to 142.89 per euro, extending its slide to 0.3 percent since Jan. 3. Europes shared currency was tiny changed at $1.3610, set for a 0.2 percent advance this week.

sumber : rf-berjangka.com