You are here

SUBSCRIBERS
CURRENCIES

US$ recovers as rate-hike chance dims on poor jobs data

London

THE dollar rose on Monday, having hit more than three-week lows against a basket of major currencies after a poor employment report prompted investors to rule out the chance of a hike in US interest rates in June.

The dollar index rose 0.2 per cent to 94.24, having hit a low...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes