- US Challenger Job Cuts edged higher in December.
- US Dollar Index consolidates daily gains near 89.80.
Planned job cuts in the US-based employers rose to 77,030 in December from 64,797 in November, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday.
Market reaction
This report doesn’t seem to be having a significant impact on the greenback’s performance against its rivals ahead of key Initial Jobless Claims and ISM Services PMI data. As of writing, the US Dollar Index was up 0.28% on a daily basis at 89.78.