Dollar jumps as soaring US job growth beats expectations

==========

The dollar strengthened after US employers added 303,000 jobs in March, exceeding expectations of 200,000 jobs. The dollar index rose 0.432% to 104.67. The strong job growth may delay anticipated interest rate cuts from the Federal Reserve. U.S. interest rate futures now price in two rate cuts in 2024. The Japanese yen weakened to 151.735 against the dollar. Bitcoin fell 1.98% to $66,608, while ether was $3,239, down 2.59%.

#UsJobGrowth #DollarStrength #FederalReserve #InterestRateCuts #JapaneseYen #Bitcoin #Ether

https://finance.yahoo.com/news/dollar-steady-ahead-jobs-data-011302867.html