Dollar rises after economic data release

The US dollar rose against the major currencies today after the US jobs data exceeded expectations in addition to the rise in US Treasury yields for 10 years to the highest level in one year at 1.625%. The main dollar index, which measures the currency’s performance against 6 major currencies, rose 0.36% to 92.201, the highest level since November 25, and the dollar rose against the Japanese yen to its highest level in nine months at 108.63 yen.

The single European currency fell against the dollar by 0.49% to $ 1.1892, the lowest level since November 26, and the pound sterling fell against the dollar by 0.42% to $ 1.3838, and the dollar scored 0.9318 Swiss francs.