The dollar is falling and all eyes are on the US jobs report


وستقر Dollar index, Which measures the value of the US currency against a basket of six major currencies, at 91.319 at the end of the trading session after rising earlier to 91.436, its highest level since April 19..

And that recovery came after the statements of the US Secretary of the Treasury Janet Yellen That there may be a need to raise the interest rate to prevent the economy from inflationary growth.

Later, the comments softened, but the simplest sign of tightening monetary policy is severely affecting the markets that have become so dependent on monetary stimulus..

The Canadian dollar, which is linked to commodities, recorded its highest level in three years against the greenback, supported by a rally Oil prices And optimism about the global economic recovery.

The US currency rose 0.12 percent against the euro, which recorded $ 1.1999, its lowest level in more than two weeks.

Trading was limited in Asia due to a holiday in Japan and China, but the New Zealand dollar jumped 0.83 percent to $ 0.7208 after the country’s jobs data came stronger than expected..

The Australian dollar rose 0.4 percent to $ 0.7742.

The dollar settled against the Japanese currency at 109.20 yen.

The pound was trading 0.12 percent higher at $ 1.3902, the day before the meeting Central Bank of England Some expect to announce the easing of its bond-buying program.


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