us jobs report

Dollar edges to two-week high vs euro as US payroll data looms

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Dollar edges to two-week high vs euro as US payroll data looms

The dollar climbed to a two-week top against the euro on Monday as traders pared bets for aggressive policy easing by the Federal Reserve with the focus now moving to a crucial U.S. jobs report at the end of this week. The dollar advanced to its strongest since Aug. 21 on the yen, buoyed by … Read more

Sahm rule: My recession rule was meant to be broken, says Claudia Sahm

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Sahm rule: My recession rule was meant to be broken, says Claudia Sahm

The US is not in a recession, despite the indicator bearing my name saying that it is. The Sahm rule, which was triggered with Friday’s weaker-than-expected jobs report, joins a long list of economic tools skewed by the unusual disruptions of the past four and a half years. That said — and I say this … Read more