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✉news BusinessBanking first seen 8 h ago, last just now, peak #4

Dollar hits two-month peak ahead of US jobs data

Original: Dollar firms near two-month peak as oil, US yields rise; jobs data looms

The US dollar has climbed to near a two-month high, supported by rising oil prices and higher US Treasury yields. Markets are holding steady ahead of upcoming US employment data, which could shape expectations for Federal Reserve interest rate policy. Traders and analysts are watching closely for signs of labour market strength that may keep rates elevated.

Why now: Traders are positioning ahead of key US jobs data that could influence Fed rate expectations

US dollarFederal ReserveUS Treasury

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