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Traders brushed off a favorable jobs report Friday and marked the greenback down as crude prices resumed their rise.
The euro was selling for $1.4494, up from $1.4437 late Thursday, and the pound was trading at $2.0839, up from $2.0787 at the end of the prior session. The Canadian dollar was buying $1.07 vs. $1.0512 previously.
"Right now the dollar is the mirror of oil and is on the run," says Stuart Hoffman, chief economist at PNC Financial Services in Pittsburgh. "Traders are ignoring some economic fundamentals." ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,308.26 | 1,096.07 | 2,180.05 | 34.87 |
Oil *
73.22
|
|
DOWN
132.86
|
DOWN
13.11
|
DOWN
26.86
|
DOWN
1.09
|
10 Yr
3.49%
SPDR Gold
107.34
|
|
-1.27%
|
-1.18%
|
-1.22%
|
-3.03%
|
Data delayed 20 minutes |
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