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Dollar Hits Near Pre-Pivot Level as Job Data Roils Rate-Cut Bets

(Bloomberg) The US dollar jumped the most in two weeks after the blowout jobs report, pushing the currency back near levels last seen before the Federal Reserve’s December pivot and wrong-footing traders betting on imminent interest-rate cuts.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoApple’s China Slump Deepens Even as Total Sales Grow AgainMark Zuckerberg’s Wealth Surges by $27 Bill

Dollar Hits Near Pre-Pivot Level as Job Data Roils Rate-Cut Bets

Dollar Hits Near Pre-Pivot Level as Job Data Roils Rate-Cut Bets
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