September 16, 2021
Economy

Dollar shakes off jobs report blues in big central bank week

A picture illustration of U.S. dollar, Swiss Franc, British pound and Euro bank notes, taken in Warsaw January 26, 2011. REUTERS/Kacper Pempel/File Photo

  • Graphic: World FX rates https://tmsnrt.rs/2RBWI5E

LONDON, Sept 6 (Reuters) – The U.S. dollar on Monday clawed back some of the losses sustained after last week’s poor U.S. jobs report, helped by firmer U.S. Treasury yields in a big week for major central banks.

The dollar index , which measures the currency against six rivals, edged 0.1% higher to 92.23, after dipping to 91.941 for the first time since Aug. 4 on Friday, when a closely watched U.S. labour report showed the world’s largest economy created the fewest jobs in seven months in August. read more

But the weak jobs report did not spark a new wave of dollar selling on Monday as the greenback spent the Asian session pushing higher against its rivals, prompting some major…

Read full article here: www.reuters.com