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Dollar steady, underpinned by solid U.S. job creation

Published 10/07/2017, 05:43 pm
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Investing.com - The dollar was steady Monday, underpinned by stronger-than-expected U.S. job creation last month.
The dollar index was off 0.01% at 95.77 at 03:00 ET after a high for the session of 95.82.
The June jobs report strengthened the idea of a further Fed rate hike this year despite anemic wage growth and inflation.
Federal Reserve Chair Janet Yellen is due to testify before Congress on Wednesday and Thursday.
The dollar firmed against the yen to the 114 mark.
The Bank of Japan is expected to maintain its massive stimulus program until inflation gains its target of 2% on a stable basis
The euro was steady at the $1.14 mark, while the (pound) traded firm around the $1.29 handle.

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