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U.S. Dollar Advances As June Rate Cut Hopes Fade After Strong Jobs Data - Vimarsana News

U.S. Dollar Advances As June Rate Cut Hopes Fade After Strong Jobs Data

The U.S. dollar moved higher against its major counterparts in the New York session on Friday, as strong-than-expected jobs data for March dampened hopes of imminent interest rate cuts by the Federal Reserve.

US Dollar Strength Underpinned by Higher Treasury Yields, Non-Farm Payrolls Near - Vimarsana News

US Dollar Strength Underpinned by Higher Treasury Yields, Non-Farm Payrolls Near

The benchmark US 10-year bond is now quoted with a yield around1.60%, a new 4-month high, ahead of the latest look at the US jobs market.