dollar rate today: Dollar hits six-month peak after US data; weak yen draws warning
The greenback recovered against most currencies after the data, with the euro and sterling hitting three-month lows and the yen touching session troughs
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The greenback recovered against most currencies after the data, with the euro and sterling hitting three-month lows and the yen touching session troughs
The U.S. dollar index - which measures the currency against six major counterparts - was up 0.63% at 104.81. The index hit a near 6-month high of 104.85 earlier in the session
The US dollar perched near a two-month peak on Wednesday as investors looked to the Federal Reserve chair's speech this week for cues on the path of monetary policy, dollar index , which measures the US currency against six rivals, was at 103.55, not far from the two-month high of 103.71 it touched on Tuesday. Get more Currency News and Business News on Zee Business.
The U.S. dollar index - which measures the currency against the euro, yen and four other counterparts - was little changed at 102.50 in the Asian morning, following a 0.47% rise in the previous session.
Private payrolls rose by 324,000 jobs last month, the ADP National Employment report showed, more than an increase of 189,000 that economists polled by Reuters had forecast.