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The US labor market has failed. Unemployment rose slightly in April

The number of Americans employed increased in April, but significantly less than expected. As a result, the unemployment rate rose slightly to 6.1 percent. This is despite the opening of the economy and the advancing vaccinations.

The dollar grew thanks to positive expectations

Moreover, the dollar strengthened due to positive expectations on US Labor market. Investors believe that numbers of vacancies could grow in 3 million during...

The US dollar dropped against the yen and the Swiss franc

The US dollar has been through the deepest loss against the yet, when it fell in 1,1% in the beginning of the week. The...

Dow Jones surged to two-month highs

In the beginning of trading on Thursday, Dow Jones index plunged to negative territory. The index lost roughly 1% during morning, but began to...