NFP Under Expectations, The Fed: Fixed Interest Rates Rise Gradually

NFP Under Expectations, The Fed: Fixed Interest Rates Rise Gradually, the dollar remained locked in the lowest point of the area during the last month of 3.5 on Monday (8/January) after the American employment data (u.s. Non Farm Payroll) failed to provide momentum in ongoing interest rate hike expectations in the year 2018. However, a number of policy makers still believe rising interest rates can be done according to plan in advance.

NFP Under Expectations

The dollar Index was at the level of 91,919, only a few points above the lowest pointever reached on 91,751 2 last January. Because U.S. employment data, only rose by148.000 in December. This figure is far below the expectations of economists figuresestimate the addition of labor around 190.000.

Even so, some officials of The Fed (the Central Bank) issued a statement that despite the employment data down, The Fed will keep raising interest rates sustainable in the year 2018. As the President put forth The Fed State of San Francisco, John Williams. He stated that should The Fed raise interest rates three times this year, in line with the recovering economy because American tax cost reduction. Even more than that.

It is also expressed by Loretta Mester in an interview with Reuters. "I hope there will be a rise in interest rates four times this year in line with the recovering American economy growth and unemployment data are low," says the President of The Fed's Cleveland State.

USD on Monday these thin rose along with the comments given by The Fed post data NFP Friday yesterday. EUR/USD and GBP/USD down each of-0.02% and-0.11%. USD/JPY and USD/CHF rises respectively of + 0.11% and + 0.10%. While at Commodities as Dollar pair AUD/USD decline the most in, i.e. 0.28%