Dollar jumps as strong jobs number spurs hawkish Fed bets
The dollar jumped in line with U.S. Treasury yields on Friday after data showed that U.S. employers added more jobs than expected in November, potentially giving the Federal Reserve more incentive to raise interest rates.
Employers added 263,000 jobs in November, well above estimates of 200,000. Average hourly earnings jumped by 0.6% in the month, above expectations for a 0.3% gain.
The dollar index was last up 0.64% on the day against a basket of currencies at 105.31, and the greenback jumped 0.24%against the Japanese yen to 135.64. The euro dropped 0.67% on the day to $1.0456.
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Currency bid prices at 8:41AM (1341 GMT)
Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid
Previous Change
Session
Dollar index 105.3100 104.6600 +0.64% 10.084% +105.5100 +104.3600
Euro/Dollar $1.0456 $1.0526 -0.67% -8.04% +$1.0545 +$1.0438
Dollar/Yen 135.6350 135.3300 +0.24% +17.84% +135.9600 +133.6200
Euro/Yen 141.85 142.42 -0.40% +8.85% +142.4700 +140.7800
Dollar/Swiss 0.9416 0.9370 +0.52% +3.26% +0.9424 +0.9326
Sterling/Dollar $1.2168 $1.2264 -0.79% -10.04% +$1.2297 +$1.2146
Dollar/Canadian 1.3490 1.3433 +0.44% +6.71% +1.3520 +1.3422
Aussie/Dollar $0.6756 $0.6812 -0.81% -7.05% +$0.6836 +$0.6743
Euro/Swiss 0.9844 0.9857 -0.13% -5.06% +0.9869 +0.9824
Euro/Sterling 0.8593 0.8589 +0.05% +2.30% +0.8608 +0.8572
NZ $0.6338 $0.6372 -0.53% -7.40% +$0.6412 +$0.6334
Dollar/Dollar
Dollar/Norway 9.8320 9.7265 +0.16% +10.59% +9.8490 +9.7420
Euro/Norway 10.2796 10.2368 +0.42% +2.66% +10.2948 +10.2293
Dollar/Sweden 10.4312 10.2912 +0.66% +15.67% +10.4565 +10.2891
Euro/Sweden 10.9101 10.8390 +0.66% +6.58% +10.9202 +10.8382