(Finance) – The American economy clearly exceeded analysts’ expectations by creating 256,000 new jobs in December and providing a strong signal: the job market is still resilient. A scenario that strengthens the hypothesis of a more cautious and gradual Federal Reserve in the future on interest rate cuts.
Immediately after the publication of the unemployment data, a real crisis was recorded bullish surge in the dollar: the greenback, in fact, towards the euro, caused the currency to slide up to 1.0243 against the dollar, returning to the lowest levels for over two years now.
In the wake of the data, a clear increase was also recorded surge in Treasury yields.
(Photo: © Davide Fiorenzo De Conti / 123RF)