TOKYO – The U.S. dollar eased on Tuesday following its best rally this month against major peers as a resilient U.S. labor market bolstered the case for a Federal Reserve rate hike next month. At the same time, bets for a peak in U.S. rates in coming months spurred leading cryptocurrency bitcoin to top $30,000 for the first time since June. The Australian dollar jumped 0.46 percent $0.66725, clawing back all of the previous day's losses, amid a thawing of trade tensions with China, as the pair agreed to end a dispute over Australian barley.

https://business.inquirer.net/395333/dollar-eases-after-strong-gains-on-hawkish-fed-bets-bitcoin-tops-30000

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