The dollar climbed to seven-week highs against the euro on Friday as robust U.S. jobs and manufacturing reports undermined expectations of a Federal Reserve interest rate cut later this year. The Institute for Supply Management's index of U.S. manufacturing activity rose to 55.0 in May, its highest since April 2006, from 54.7 in the previous month. The economists had forecast a drop to 54.0. The closely-watched report on U.S. non-farm payrolls showed the economy added 157,000 new jobs in May after 80,000 jobs in April. The result exceeded markets forecasts for a gain of 130,000. The unemployment rate held at 4.5% in May, as expected.
The crown traded near the 28.30 per euro mark on Friday, lacking any market-moving news.
FX RATES | |
USD/CZK | 21.015/45 |
USD/GBP | 1.9837/40 |
EUR/CHF | 1.6526/35 |
EUR/CZK | 28.270/300 |
USD/YEN | 122.00/3 |
EUR/GBP | 0.6779/82 |
EUR/USD | 1.3449/53 |
EUR/YEN | 164.05/16 |
STOCK MARKETS | ||
NIKKEI | 17973.42 | +14.54 |
EUROSTOXX 50 | 4556.97 | +44.32 |
FTSE 100 | 6676.7 | +55.3 |
DAX 30 | 7987.85 | +104.81 |
S&P 500 | 1536.34 | +5.72 |
NASDAQ | 2613.92 | +9.40 |
PX 50 | 1850.5 | +17.3 |
GOLD | 669.90/+670.60 | - |
DEPOSIT RATES | ||||
CZK | USD | EUR | YEN | |
ON | 1.55-1.65 | 5.25-5.28 | 3.76-3.79 | --- |
3M | 2.75-2.85 | 5.31-5.34 | 4.09-4.12 | 0.64-0.69 |
6M | 2.88-2.98 | 5.34-5.37 | 4.22-4.25 | 0.74-0.79 |