

others
US Dollar selloff pauses as focus shifts to February jobs data – Crypto News
Here is what you need to know on Friday, March 8:
The US Dollar suffered large losses against its major rivals for the second consecutive day on Thursday before stabilizing early Friday. The US Dollar Index was last seen fluctuating below 103.00, losing more than 1% on a weekly basis. The US Bureau of Labor Statistics will publish February jobs report ahead of the weekend, which will feature Nonfam Payrolls, Unemployment Rate and wage inflation figures.
The benchmark 10-year US Treasury bond yield extended its weekly slide on Thursday and declined below 4.1%. In the meantime, Wall Street’s main indexes registered strong gains, while the S&P 500 Index reached a new all-time high at the closing bell. Early Friday, US stock index futures trade flat and the 10-year yield consolidates weekly losses below 4.1%.
US Dollar price this week
The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the weakest against the Australian Dollar.
USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
USD | -0.95% | -1.17% | -0.78% | -1.56% | -1.44% | -1.15% | -0.70% | |
EUR | 0.95% | -0.22% | 0.16% | -0.59% | -0.49% | -0.19% | 0.25% | |
GBP | 1.16% | 0.23% | 0.37% | -0.39% | -0.26% | 0.02% | 0.47% | |
CAD | 0.78% | -0.14% | -0.37% | -0.75% | -0.65% | -0.36% | 0.09% | |
AUD | 1.52% | 0.60% | 0.37% | 0.75% | 0.10% | 0.39% | 0.84% | |
JPY | 1.42% | 0.48% | 0.22% | 0.62% | -0.13% | 0.27% | 0.72% | |
NZD | 1.13% | 0.19% | -0.03% | 0.36% | -0.41% | -0.28% | 0.45% | |
CHF | 0.69% | -0.28% | -0.47% | -0.09% | -0.84% | -0.73% | -0.45% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
Nonfarm Payrolls in the US are forecast to rise by 200,000 in February following the impressive 353,000 increase recorded in January. The Unemployment Rate is seen holding steady at 3.7% in the same period and the annual wage inflation is expected to edge lower to 4.4% from 4.5%.
The data from Germany showed early Friday that the Producer Price Index rose by 0.2% on a monthly basis following the 0.8% decline recorded in December. On a positive note, Industrial Production expanded by 1% in January, surpassing the market expectation for an expansion of 0.6%.
On Thursday, the European Central Bank (ECB) left monetary policy settings unchanged as expected but revised inflation and growth forecasts lower. In the post-meeting press conference, ECB President Christine Lagarde noted that they have just started discussing the dialing-back of the restrictive stance and said that they will have more data to assess until June to be “sufficiently confident” about reaching the inflation goal. Although EUR/USD edged lower during the ECB event, it regained its traction on broad-based USD weakness and reached its highest level since mid-January above 1.0950. The pair stays in a consolidation phase slightly below 1.0950 in the early European session on Friday.
EUR/USD flatlines near 1.0950, US payrolls eyed.
GBP/USD benefited from the selling pressure surrounding the USD and advanced above 1.2800 for the first time in 2024. The pair holds steady near that level in the European morning on Friday.
USD/JPY fell nearly 1% on Thursday, pressured by declining US yields and USD weakness. The pair was last seen trading a few pips below 148.00.
Japanese Yen rallies to 148.00 against USD as BoJ officials lift rate hike bets.
Gold reached a new record high above $2,160 on Thursday before retreating slightly early Friday. XAU/USD is up nearly 4% this week and remains on track to close the third consecutive week in positive territory.
US February Nonfarm Payrolls Preview: Analyzing Gold price reaction to NFP surprises.
-
Blockchain1 week ago
Robinhood Dealing With Fallout of Tokenized Equities Offering – Crypto News
-
Cryptocurrency1 week ago
Whale Sells $407K TRUMP, Loses $1.37M in Exit – Crypto News
-
Cryptocurrency1 week ago
Satoshi-Era Bitcoin Whale Moves Another $2.42 Billion, What’s Happening? – Crypto News
-
Blockchain1 week ago
Ripple and Ctrl Alt Team to Support Real Estate Tokenization – Crypto News
-
others1 week ago
EUR/USD recovers with trade talks and Fed independence in focus – Crypto News
-
Technology1 week ago
Fed Rate Cut Odds Surge As Powell’s Future Hangs In The Balance – Crypto News
-
Cryptocurrency1 week ago
Bitcoin Breaches $120K, Institutional FOMO Takes and House Debate Propel Gains – Crypto News
-
Technology1 week ago
Fed Rate Cut Odds Surge As Powell’s Future Hangs In The Balance – Crypto News
-
Blockchain1 week ago
UK Banks Should not Issue Stablecoins – Crypto News
-
Cryptocurrency1 week ago
Donald Trump Jr. backs social media startup aiming to become a crypto powerhouse – Crypto News
-
Blockchain1 week ago
The Bitcoin Liquidity Supercycle Has Just Begun: Hedge Fund CEO – Crypto News
-
Cryptocurrency1 week ago
Strategy Resumes Bitcoin Buys, Boosting Holdings to Over $72 Billion in BTC – Crypto News
-
Business1 week ago
Pepe Coin Rich List June 2025: Who’s Holding Highest PEPE as it Nears Half a Million Holders? – Crypto News
-
Cryptocurrency1 week ago
It’s a Statement, Says Bitfinex Alpha – Crypto News
-
Cryptocurrency6 days ago
Bitcoin trades near $119K after new all-time high; Coinbase rebrands wallet to ‘Base App’ – Crypto News
-
Business6 days ago
XLM Is More Bullish Than ETH, SOL, And XRP, Peter Brandt Declares – Crypto News
-
Technology1 week ago
Google, Anthropic, OpenAI and xAI join US defence to tackle national security with AI – Crypto News
-
Cryptocurrency1 week ago
Stellar [XLM] bulls exhausted after rally – Is a pullback nearby? – Crypto News
-
Cryptocurrency1 week ago
Fed’s Hammack Raises Inflation Concerns Amid Push For Interest Rate Cut – Crypto News
-
Cryptocurrency1 week ago
1inch price forecast: 1INCH hits 7-month high after double digit gains – Crypto News
-
Cryptocurrency1 week ago
1inch price forecast: 1INCH hits 7-month high after double digit gains – Crypto News
-
others1 week ago
Top Crypto Exchange by Trading Volume Binance Announces Airdrop for New Ethereum (ETH) Ecosystem Altcoin – Crypto News
-
others7 days ago
VanEck Details Key Drivers Boosting Bitcoin Price, Including Corporate Treasury Demand, ETF Flows and More – Crypto News
-
Business7 days ago
XRP Lawsuit Update: Ripple Paid $125M in Cash, Settlement Hinges on Appeal – Crypto News
-
Cryptocurrency6 days ago
Anarchy, crime and stablecoins – Blockworks – Crypto News
-
Technology5 days ago
“Decentralized Ponzi Scheme”- Gold Bug Peter Schiff Slams Landmark Crypto Bills – Crypto News
-
Business1 week ago
CME XRP Futures Hit $1.6B In Total Trading Volume Since Launch – Crypto News
-
others1 week ago
Bitcoin Critic Vanguard Becomes Strategy’s (MSTR) Largest Shareholder – Crypto News
-
Technology1 week ago
V Guard INSIGHT-G BLDC fan review: Cool performer with a premium look – Crypto News
-
Technology1 week ago
XLM Price Forecast: Why Stellar Lumens May Crash After 80% Rally in Last 7 Days – Crypto News
-
Metaverse1 week ago
Why voice is emerging as India’s next frontier for AI interaction – Crypto News
-
Metaverse1 week ago
Nvidia’s Jensen Huang says AI ‘fundamental like electricity’, praises Chinese models as ‘catalyst for global progress’ – Crypto News
-
Business1 week ago
Ethereum Price Prediction- Bulls Target $3,700 As ETH Treasury Accumulation Soars – Crypto News
-
others6 days ago
GBP/USD rallies on US PPI dip and Trump’s potential Powell removal – Crypto News
-
others6 days ago
GBP/USD rallies on US PPI dip and Trump’s potential Powell removal – Crypto News
-
Cryptocurrency6 days ago
Russia’s $85 Billion Sberbank to Launch Crypto Custody Services – Crypto News
-
Cryptocurrency4 days ago
Shytoshi Kusama Breaks Silence on New SHIB AI Whitepaper and Transformed Future – Crypto News
-
Cryptocurrency1 week ago
Top 3 altcoins under $1 worth watching: Sei, Ethena, Arbitrum – Crypto News
-
Blockchain1 week ago
Altcoins Chase New Highs After Bitcoin Hits $123,000 – Crypto News
-
De-fi1 week ago
Ripple’s RLUSD Market Cap Passes $515M, Flips TrueUSD – Crypto News
-
De-fi1 week ago
DeFi TVL Surges Past $126B, Up Over 45% Since April – Crypto News
-
Metaverse1 week ago
Broadcom challenges Nvidia’s AI dominance with ultra-connected Tomahawk networking chip launch – Crypto News
-
Cryptocurrency1 week ago
Hypercharged Exposure to XRP and Solana Now Available With These Two ETFs – Crypto News
-
Cryptocurrency1 week ago
Nothing Burger or Crypto Catalyst? – Crypto News
-
Business1 week ago
$800 Billion JPMorgan To Rival Tether, Circle, and Ripple In Stablecoin Race – Crypto News
-
Cryptocurrency1 week ago
300% Bitcoin (BTC) Skyrocketing, Ethereum (ETH) Below $3,000 Again, Was Shiba Inu (SHIB) Dump Controlled? – Crypto News
-
Blockchain1 week ago
BitMine Shares Rallied After Peter Thiel Investment. – Crypto News
-
others1 week ago
Crypto Exchange Hack: BigONE Users Lose A Massive $27 Million In Recent Exploit – Crypto News
-
Cryptocurrency1 week ago
Pi Network Activity Soars as Mystery Wallet Acquires Millions in PI Coins – Crypto News
-
Blockchain1 week ago
Citigroup CEO Confirms Interest In Issuing A Proprietary Stablecoin—Reuters – Crypto News