Dollar holds near two-week high, U.S. jobs data eyed for Fed clues
newscatcher
2021-05-06 02:30
Dollar holds near two-week high, U.S. jobs data eyed for Fed clues
By Kevin BucklandTOKYO (Reuters) – The dollar hovered below a two-week high on Thursday, consolidating ahead of a key U.S. jobs report that may provide clues on when the Federal Reserve will dial back monetary stimulus.The greenback has rebounded from a one-month low over the past week, swung by U.S. economic data that has largely supported the case for a rapid recovery from the pandemic, with traders weighing whether a lift in inflation may force the Fed's hand earlier than policymakers have so far suggested.

https://whtc.com/2021/05/05/dollar-holds-near-two-week-high-u-s-jobs-data-eyed-for-fed-clues/

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