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How has the dollar been performing?

*The Wall Street Journal, by Chelsey Dulaney, October 9, 2017

”The dollar oscillated Friday after data showed the U.S. labor market lost jobs in September, but the unemployment rate fell to its lowest level since 2001.

The WSJ Dollar index, which measures the U.S. currency against 16 others, was flat, pairing gains of as much as 0.4% earlier in the day.

Nonfarm employment fell a seasonally adjusted 33,000 in September, the Labor Department said, ending seven straight years of job growth.

Investors have worried in recent months that tepid inflation would prevent the Federal Reserve from raising interest rates. But central-bank officials have recently brushed off the weak inflation data and signaled the continue to expect another U.S. rate increase this year, citing strength in another part of the economy such as the labor market.”

*This information is solely a highlight of the opinion of a third-party publication and is incomplete.  Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.

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