Arab Today, arab today dollar rises against yen after us jobs report
Last Updated : GMT 06:37:29
Arab Today, arab today
Arab Today, arab today

Dollar rises against yen after US jobs report

Arab Today, arab today

Arab Today, arab today Dollar rises against yen after US jobs report

US dollar
Tokyo - AFP

The dollar rose against the yen in Asia on Monday after a solid US jobs report boosted expectations the Federal Reserve will soon lift interest rates.

In Tokyo, the greenback ticked up to 124.40 yen from 124.22 yen in New York on Friday.

The euro edged higher to $1.0972 and 136.48 yen, from $1.0962 and 136.16 yen.

"Players' reaction to the US jobs data was mixed, but the figures were not so bad in general," said Yosuke Hosokawa, head of the FX sales team at Sumitomo Mitsui Trust Bank.

"There may be some adjustment, but it is unlikely to see the current dollar-buying sentiment reverse ahead of the expected rate hike.

"Players will continue to focus on key US economic figures that give some sense of the timing for a rate rise," he added.

The Labor Department said Friday the US added 215,000 jobs last month and that unemployment held steady at a seven-year-low rate of 5.3 percent.

The report brought average monthly jobs gains to 235,000 over the past three months, heightening expectations the Fed could raise its near-zero federal funds rate as early as next month.

The dollar, however, weakened against other Asia-Pacific currencies.

It slipped to Sg$1.3847 from Sg$1.3863 on Friday, to Tw$31.64 from Tw$31.67, to 63.76 Indian rupees from 63.83 rupees, to 13,540.50 Indonesian rupiah from 13,548.00 rupiah, and to 35.12 Thai baht from 35.17 baht.

The dollar also turned down to 45.73 Philippine pesos from 45.80 pesos, and to 1,163.13 South Korean won from 1,167.83 won.

The Australian dollar firmed to 73.97 US cents from 73.65 cents, while the Chinese yuan fetched 20.01 yen against 20.10 yen.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dollar rises against yen after us jobs report Arab Today, arab today dollar rises against yen after us jobs report

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dollar rises against yen after us jobs report Arab Today, arab today dollar rises against yen after us jobs report

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday