empty
 
 

2023.12.2920:10:00UTC+00U.S. Dollar Little Changed Following Yesterday's Rebound

Following the rebound seen in the previous session, the U.S. dollar has shown a lack of direction during trading on Friday.

The U.S. dollar index has spent the day bouncing back and forth across the unchanged line after bouncing off its lowest levels in five months on Thursday. The index is currently up 0.12 points or 0.1 percent at 101.35.

The greenback is trading at 141.04 yen versus the 141.41 yen it fetched at the close of New York trading on Thursday. Against the euro, the dollar is valued at $1.1039 compared to yesterday's $1.1061.

The choppy trading on the day comes as traders seem reluctant to make significant moves ahead of the release of some key U.S. economic data next week.

The Labor Department's monthly jobs report is likely to be in focus, while traders are also likely to keep an eye on reports on manufacturing and service sector activity as well as the minutes of the Federal Reserve meeting.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback