Reported about 8 hours ago
The U.S. dollar opened the week strongly following an impressive jobs report, leaving other currencies struggling near multi-year lows. The dollar rose to 109.88, while the euro and sterling fell to weak positions, affected by economic concerns. The yuan saw mixed movements as China attempted to stabilize it. Insights reveal that the U.S. labor market remains robust, highlighting economic resilience as expectations for Federal Reserve rate cuts diminish.
Source: YAHOO