New york: The dollar strengthened today following the release of the US jobs report, which exceeded expectations, while investors' focus shifts to upcoming data on US inflation. Against the dollar, the yen traded as strong as 152.55 yesterday, before steadying slightly below that at 153.05 per dollar.
According to Oman News Agency, this morning's currency moves were fairly small. However, the Australian dollar was above 71 cents and creeping back towards a three-year top after the central bank governor indicated that the board would hike rates again if inflation becomes entrenched.
The euro remained firm at $1.1875, sterling held at $1.3628, and the kiwi was at $0.6052. This week, the US dollar index is down 0.8% to 96.852.