Meaningful Data Out Even Before the Eagerly Awaited U.S. Jobs Report

The first week of 2023 is ending with a spout of telling data releases. The dollar strengthened 0.5% overnight in weighted terms but by a comparatively mild 0.2% versus the euro. The dollar also rose 0.5% against sterling and the Canadian and New Zealand dollars and by an even greater 0.9% relative to the yen. […]

The first week of 2023 is ending with a spout of telling data releases. The dollar strengthened 0.5% overnight in weighted terms but by a comparatively mild 0.2% versus the euro. The dollar also rose 0.5% against sterling and the Canadian and New Zealand dollars and by an even greater 0.9% relative to the yen. […]