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Dollar jumps after strong US payrolls report
The Economic Times ·
The US dollar index jumped significantly following the Labor Department's report indicating an increase of 165,000 jobs last month, which far exceeded economists' forecasts. As a result, the probability of a rate hike from the Federal Reserve climbed to nearly 80% for next month. Moreover, Federal…
A nail-biting finish is on the cards with neither major party expected to get a majority and a so-called ‘teal’ candidate likely to play the kingmaker.
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A number of contenders have emerged as challengers to Senate Majority Leader Chuck Schumer, including strong critics of the Iran war and US support to Israel.
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