Singapore, February 06 (QNA) – The dollar extended its rally on Monday after a strong US jobs report suggested the Federal Reserve could stay hawkish for longer.
However, the yen was hit by news the Bank of Japan’s Deputy Governor Masayoshi Amamiya was being sounded out to be the next governor.
The dollar skipped higher and extended its rally on Monday. Against a basket of currencies, the US currency touched nearly 4-week high of 103.22 and was last at 103.18.
Elsewhere, the euro was down 0.09% to $1.0783, while sterling was last trading at $1.203, off 0.17% on the day, its lowest level since Jan. 6.
The Australian dollar fell 0.14% to $0.6912, while the kiwi was down 0.33% to $0.6310. (QNA)
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