Dollar Rises as U.S. Jobs Growth Rekindles Fed Rate Rise Wagers

Updated on
  • Greenback reaches 2-week high versus yen on employment gains
  • Traders weigh higher payrolls, surprise decline in wages

The dollar rose to a two-week high against the yen after payroll data showed jobs growth in the U.S. exceeded forecasts, supporting the case for Federal Reserve interest-rate increases this year.

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