U.S. Dollar rises despite unfavourbale jobs data

Source: Reuters
© Scanpix/RS
The U.S. Dollar inched higher on Monday rising towards the highest level since the end of January amid expectations that the U.S. Federal Reserve may trim its stimulus measures despite disappoint jobs data revealed on Friday. The U.S. Dollar Index measuring its performance against most-traded peers gained 0.1% to 80.735, up from its one-week trough of 80.599.

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