Dollar Climbs After Jobs Report - News Summed Up

Dollar Climbs After Jobs Report


The dollar rose Friday after a strong jobs report gave investors more confidence that the Federal Reserve won’t cut interest rates this year. Higher interest rates tend to support the dollar by making the U.S. currency more appealing to yield-seeking investors. The WSJ Index, which measures the U.S. currency against a basket of 16 others,...


Source: Wall Street Journal January 04, 2019 14:48 UTC



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