Monday, April 9, 2007

Dollar stays near 6-week high vs yen after jobs data

(Reuters) - The dollar hovered near a six-week high against the yen in thin trading on Monday after last week's surprisingly strong U.S. jobs data made investors think twice about a near-term U.S. interest rate cut.

The greenback also remained near the top of its recent range against the euro in the first trading session after the release of a report showing the U.S. economy added 180,000 jobs last month, above economists' forecasts.


Read more at Reuters Africa

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