(Reuters) - The dollar slipped on Monday as last week's surprisingly strong U.S. jobs data failed to sway investors from the notion the Federal Reserve will stand pat on interest rates while other central banks tighten policy further.
Although short-term interest rate spreads did move in the dollar's favour after Friday's non-farm payrolls data, the trend in recent weeks has been one of narrowing spread advantage for the dollar over major European currencies.
Read more at Reuters Africa
Although short-term interest rate spreads did move in the dollar's favour after Friday's non-farm payrolls data, the trend in recent weeks has been one of narrowing spread advantage for the dollar over major European currencies.
Read more at Reuters Africa
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