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Dollar slips with yields, oil still sinking

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Wayne Cole
Reuters
January 12, 2015

The U.S. dollar took a dip on Monday as Asian investors caught up with a benign payrolls report and the subsequent slide in Treasury yields, while oil prices showed no sign of escaping their downward spiral.

Credit: 59937401@N07, Flickr

Share markets were mostly lower following a soft finish on Wall Street though sentiment was supported by speculation the Federal Reserve would be patient in tightening policy given the weakness of wages apparent in the jobs numbers.

Wages fell by the most since the series began in 2006 even as payrolls increased by a brisk 252,000.

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This article was posted: Monday, January 12, 2015 at 5:57 am





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