Things do not manage for the United States as shown in the course of the dollar. Worse, the dollar reflected this Friday, May 2, 2025.
And this, before figures on American employment likely to show a slowdown in the labor market in April due to the trade war.
The whole, although Beijing has since announced to assess proposals for negotiations from Washington.
Around 9:25 am GMT (11:25 am in Paris), the greenback ceded 0.32% against the euro, at 1.1327 dollars, and abandoned 0.09% in the book, to 1.3290 dollars.
“This decline reflects the prudence of traders before the publication of employment figures later in the day, faced with persistent uncertainty about the impact of customs duties on the dynamics of the American labor market”, Explain to L’AFP Ricardo Evangelista, d’ActiveTrades.
This is the first report on American employment “To cover the period since the + day of the Liberation +”on April 2, the date on which Donald Trump announced massive customs from customs, “And one of the first reliable data points available”underline the economists of Deutsche Bank.
The market consensus anticipates 138,000 non -agricultural jobs created last month (compared to 228,000 in March) and stable unemployment, at 4.2%.
“The losses of the dollar recorded this morning follows three consecutive rise sessions, fueled by the hope of appeasement of trade tensions between the United States and China”PRECISIS RICARDO EVANGELISTA.
Beijing announced on Friday to assess a proposal for negotiations emanating from Washington regarding the exorbitant customs duties imposed by the two countries.
The United States has imposed a surcharge of 145% on many Chinese products since April. China reacted by drawing customs duties of 125% on American imports.
Donald Trump said on Wednesday that there was “Chances” May Beijing and Washington come to an agreement.
-“However, risks persist”and do not allow at this stage “A stable and lasting rebound in the dollar”details Ipek Ozkardeskaya, analyst of Swissquote Bank, questioned by AFP.
Friday lessons Thursday lessons
09H25 GMT 21H00 GMT
EUR/USD 1,1327 1,1290
EUR/JPY 164,12 164,18
EUR/CHF 0.9363 0.9365
EUR/GBP 0,8523 0,8504
USD/JPY 144,89 145,39
USD/CHF 0,8266 0,8297
GBP/USD 1,3290 1,3278
© Agence France-Presse
