Most Asian FX set for strong weekly gains as dollar slips

Most Asian FX set for strong weekly gains as dollar slips

Most Asian currencies gained against the U.S. dollar this week, as the greenback was headed for its first weekly loss in five after an improvement in risk appetite put a brake on the safe-haven currency’s rally. Earlier this week, the U.S. dollar touched a one-year high but slipped as the week progressed on improving optimism…

U.S. job growth seen strong as technical factors provide a boost

U.S. job growth seen strong as technical factors provide a boost

U.S. job growth seen strong as technical factors provide a boost

Cattle gain on strong packer margins; profit-taking sinks hogs

Cattle gain on strong packer margins; profit-taking sinks hogs

CHICAGO — Chicago Mercantile Exchange (CME) cattle futures firmed on Friday on strong beef plant margins and good demand from packers for fed cattle, traders said. Cash beef prices have flattened after a prolonged run higher, but packers continue to make a large profit on each animal slaughtered. “We’re probably seeing that our boxed beef…