Dollar rides high to U.S. jobs test - Netscape Money & Business
Dollar rides high to U.S. jobs test By Tom Westbrook Reuters SINGAPORE (Reuters) - The U.S. dollar was perched at a 15-month high on the yen and at multi-month peaks against other majors on Friday, as traders wagered strong U.S. labour data could lift it even further. The jobs report is due at 1230 GMT and is forecast to show a solid rise of 700,000. But there is chatter about the number coming in higher and the risk that upsets the assumption that U.S. interest rates can stay at rock-bottom levels for years. The dollar has climbed 0.7% against the yen this week and hit its highest since ...