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Dollar firms near two-month peak as jobs data looms

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 against major currencies, supported by rising oil prices and higher US Treasury yields. Traders are positioning ahead of upcoming US jobs data, which could shape expectations for Federal Reserve interest rate policy and direction for the currency in the coming sessions.

Why now: Markets are reacting to the dollar's strength and bracing for key US employment figures that could move rates and currencies.

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Evidence

• Dollar firms near two-month peak as oil, US yields rise; jobs data looms · kfgo.com
• Dollar firms near two-month peak as oil, US yields rise; jobs data looms · Reuters
• Dollar firms near two-month peak as oil, US yields rise; jobs data looms · Yahoo Finance

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