The dollar rallied as U.S. December payrolls blew past the consensus estimate. The data raise the risk of the euro falling to parity against the dollar as early as this month, Monex said.
Rumors of the labor market’s imminent decline have been greatly exaggerated for some time. Barring an act of God over the next 10 days, Donald Trump will inherit a healthy domestic economy from Joe ...
"There is no signal here of any sudden collapse of the labor market here or imminent recession," said Carl Weinberg, chief economist at High Frequency Economics. "Instead, these data signal the ...