US Challenger Job Cuts fell sharply in February. US Dollar Index clings to gains above 91.10 after the data. Planned job cuts in the US-based employers dropped to 34,531 in February from 79,552 in January, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday. “Last month’s total is 39% lower than the 56,660 cuts announced in the same month last year,” the publication further read. “Through February, employers have announced 114,083 job cuts, 8% lower than the 124,395 announced through the first two months of 2020.” Market reaction The US Dollar Index largely ignored this report and was last seen gaining 0.25% on a daily basis at 91.18. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY Price Analysis: Refreshes multi-month tops ahead of Powell, eyeing mid-107.00s FX Street 1 year US Challenger Job Cuts fell sharply in February. US Dollar Index clings to gains above 91.10 after the data. Planned job cuts in the US-based employers dropped to 34,531 in February from 79,552 in January, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday. "Last month's total is 39% lower than the 56,660 cuts announced in the same month last year," the publication further read. "Through February, employers have announced 114,083 job cuts, 8% lower than the 124,395 announced through the first two months of 2020." Market reaction The US Dollar Index largely ignored this report… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
