[New York 4th Reuters]-The dollar fell slightly in the New York Forex market at the end. The US trade statistics rose in the beginning of the transaction in response to US employment statistics in September, but concerns over US political risks and whereabouts of US-China trade talks increased.
The dollar, which had been in the low price range, rose after the employment statistics were announced, forming a high of the day against the yen and the euro. However, after that it was sluggish.
The employment statistics for September announced by the US Department of Labor on the 4th showed that the number of employees in the non-agricultural sector increased by 136,000 from the previous month. Market expectations were up 145,000. The unemployment rate dropped from 3.7% last month to 3.5%, the lowest level in about 50 years since December 1969. [nL3N26P2ML]
Sean Osborne, Scotiabank's chief foreign exchange strategist, said the employment statistics were "almost acceptable," as market expectations declined against the backdrop of the ADP National Employment Report and the ISM Manufacturing and Non-Manufacturing Index. Pointed out. “In addition to the interest rate cut by the Federal Reserve Board (FRB), there are other issues related to the dollar, such as the US political bureau.
As a result of employment statistics, the rate of interest rate cut within the year, which the short-term interest rate futures market takes into account, has declined. [nL3N26P2UC]
On this day, political tensions restrained the dollar. A diplomatic document released late 3 days revealed that US officials have pressured Ukraine to start an investigation leading to President Trump's personal political objectives.
The US-China trade talks scheduled for next week are also attracting attention.
At the end of the transaction, the dollar index was slightly lower at 98.826. On the other hand, it fell to 106.88 yen.
The euro was $ 1.09777, up 0.1% against the dollar.
(The table is based on refinitive data)
