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Dollar rebounds after robust US jobs report

Published Sun, Aug 7, 2016 · 09:50 PM

New York

THE dollar rallied across the board on Friday after data showed US employment increased more than expected in July and wages picked up, raising the probability of an interest rate hike from the Federal Reserve this year.

The dollar hit one-week peaks against the euro and the Swiss franc, and turned positive versus the yen after the jobs data.

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