US dollar ticks up on jobs data, bitcoin trades near record
Updates at 1245 GMT
By Harry Robertson and Kevin Buckland
LONDON/TOKYO, Oct 30 (Reuters) -The dollar ticked up on Wednesday after stronger-than-expected private sector jobs data, though it remained off a three-month peak,while bitcoin sat close to a record high as traders raised their bets on a Donald Trump victory in next week's election.
Meanwhile, the pound fell on the day of the new Labour government's first budget as British bonds rallied, whilethe euro waveredas inflation and growth data from the euro zone trickled in.
The U.S. dollar index =USD, which measures the currency against six major rivals including the yen and euro, was last up 0.16% at 104.41. The dollar was flat at 153.15 yen JPY=EBS.
The U.S. currency rose after data showed U.S. private payrolls growth surged in October, despite fears of temporary disruptions from hurricanes and strikes. The index rose to itshighest since July 30 at 104.63 on Tuesday before finishing the day almost flat.
Separate data showed the U.S. economy grew at an annualised rate of 2.8% in the third quarter, slightly lower than the 3% expected by economists.
"On the whole, today's data reaffirms that the U.S. is indeed still on course for a 'soft landing', with growth remaining resilient, as price pressures continue to subside," said Michael Brown, senior research strategist at Pepperstone.
Mixed U.S. indicators overnight, showing a loosening U.S. jobs market but a confident consumer, provided little clarity on the outlook for Federal Reserve rates, allowing the greenback to drift lower with Treasury yields.
Recently though, economic readings have pointed to a resilient jobs market and economy, spurring traders to pare back their bets on rate cuts.
Both the dollar and U.S. bond yields have alsobeen buoyed in recent days by rising speculation in markets and on some betting platforms for a victory in theNov. 5 presidential electionfor Republican candidate Trump, whose tariff and immigration policies are seen as inflationary.
That helped leading cryptocurrency bitcoin BTC= surge to near its all-time high from March at $73,803.25, as Trump has vowed to make the United States "the crypto capital of the planet".
The token last changed hands at about $72,026,after pushing as high as $73,609.88 in the previous session.
UK BUDGET
Sterling GBP=D3 was last down 0.42%at $1.2961,after earlier touching a nine-day peak, as British finance minister Rachel Reeves delivered theLabour government's first budget on Wednesday.
The pound was dragged lower by a drop in British bond yields, which have risen sharply in recent weeks.
Reeves, along with Prime Minister Keir Starmer, has reiterated the need for tough fiscal measures to help improve Britain's public finances.
They are seeking to retain the confidence of investors, two years after then-prime minister Liz Truss' tax-cutting plans sparked a crisis in the bond market.
"Today's budget will be a clear focus," said Jane Foley, head of FX strategy at Rabobank. "For Chancellor Reeves, PM Starmer, gilts, the pound and the whole UK economy, there is potentially a huge amount resting on this budget."
The euro EUR=EBS was last flatat $1.0814. It roseslightly after German growth and regional inflation data came in stronger than expected, causing traders to trim their bets on an outsized rate cut from the European Central Bank in December, but fell after the U.S. private payrolls data.
Separate figures on Wednesdayshowed the euro zone economy grew 0.4% in the third quarter, more than the 0.2% expected by economists.
The Aussie dollar AUD=D3 dropped as low as $0.6537 for the first time since Aug. 8, after data showed inflation slowed to a 3-1/2-year low, before trading 0.2% weaker at $0.6573.
The Reserve Bank of Australia's preferred inflation gauge, the trimmed mean measure, slowed to 3.5% from 4.0% in the third quarter, but service-sector inflation remained elevated.
World FX rates https://tmsnrt.rs/2RBWI5E
Reporting by Harry Robertson in London and Kevin Buckland in Tokyo; Additional reporting by Laura Matthews; Editing by Jacqueline Wong, David Evans and Gareth Jones
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
