Advertisement
Canada markets close in 3 hours 9 minutes
  • S&P/TSX

    22,335.21
    -40.62 (-0.18%)
     
  • S&P 500

    5,218.55
    +4.47 (+0.09%)
     
  • DOW

    39,496.37
    +108.61 (+0.28%)
     
  • CAD/USD

    0.7319
    +0.0007 (+0.10%)
     
  • CRUDE OIL

    78.48
    -0.78 (-0.98%)
     
  • Bitcoin CAD

    83,319.24
    -1,648.11 (-1.94%)
     
  • CMC Crypto 200

    1,258.70
    -99.31 (-7.31%)
     
  • GOLD FUTURES

    2,371.10
    +30.80 (+1.32%)
     
  • RUSSELL 2000

    2,056.93
    -16.71 (-0.81%)
     
  • 10-Yr Bond

    4.5080
    +0.0590 (+1.33%)
     
  • NASDAQ

    16,324.96
    -21.31 (-0.13%)
     
  • VOLATILITY

    12.75
    +0.06 (+0.47%)
     
  • FTSE

    8,433.76
    +52.41 (+0.63%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • CAD/EUR

    0.6786
    +0.0008 (+0.12%)
     

FOREX-Dollar little changed after lower-than-expected U.S. payrolls

* U.S. payrolls below expectations for November * Fed may not accelerate taper, analyst says * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E (Recasts, adds U.S. jobs report, new comment, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, Dec 3 (Reuters) - The dollar surrendered most of its gains to trade little changed on Friday after the release of a disappointing U.S. jobs report that suggested the Federal Reserve could pull back from plans to accelerate tapering of its asset purchases and deliver less aggressive interest rate hikes. U.S. non-farm payrolls increased by 210,000 jobs last month, the Labor Department reported. Economists polled by Reuters had forecast payrolls would advance by 550,000 jobs. Estimates ranged from as low as a gain of 306,000 jobs to as high as 800,000. "With this jobs report it may give them (Fed) pause to say 'okay we don't have to accelerate in December. We can give it another few weeks until we have better data from Omicron and we know what we're dealing with,'" said Thomas Hayes, managing member at Great Hill Capital LLC in New York. "They can keep ahead with their taper timeline, but accelerating at this point in an information vacuum where we don't have all the information on Omicron is irresponsible and hasty," said Hayes, referring to the new, highly contagious COVID-19 variant. In early morning trading, the dollar index rose 0.1% to 96.214. The euro was slightly down at $1.1296. Against the yen, the dollar was up 01% at 113.355. ======================================================== Currency bid prices at 8:56AM (1356 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 96.1280 96.0900 +0.06% 6.831% +96.3240 +95.9440 Euro/Dollar $1.1306 $1.1301 +0.05% -7.46% +$1.1334 +$1.1282 Dollar/Yen 113.3500 113.2050 +0.13% +9.71% +113.4850 +112.9600 Euro/Yen 128.14 127.90 +0.19% +0.96% +128.2400 +127.6800 Dollar/Swiss 0.9193 0.9202 -0.09% +3.92% +0.9217 +0.9170 Sterling/Dollar $1.3280 $1.3298 -0.12% -2.78% +$1.3309 +$1.3255 Dollar/Canadian 1.2770 1.2806 -0.29% +0.27% +1.2845 +1.2757 Aussie/Dollar $0.7065 $0.7094 -0.39% -8.14% +$0.7095 +$0.7049 Euro/Swiss 1.0392 1.0400 -0.08% -3.84% +1.0408 +1.0387 Euro/Sterling 0.8510 0.8494 +0.19% -4.78% +0.8534 +0.8493 NZ $0.6788 $0.6817 -0.52% -5.56% +$0.6818 +$0.6774 Dollar/Dollar Dollar/Norway 9.1000 9.0985 +0.13% +6.09% +9.1490 +9.0955 Euro/Norway 10.2887 10.2708 +0.17% -1.70% +10.3284 +10.2689 Dollar/Sweden 9.1211 9.0464 +0.79% +11.28% +9.1455 +9.0440 Euro/Sweden 10.3130 10.2324 +0.79% +2.35% +10.3260 +10.2244 (Reporting by Gertrude Chavez-Dreyfuss; Additonal reporting by Bansari Mayur Kamdar in Bengalaru Editing by Paul Simao)