SINGAPORE, Oct 9 — The safe-haven dollar and Japanese yen edged higher today as violence in the Middle East spooked markets, while a blowout US jobs report gave the greenback a...
Against the euro, the yen rose more than 0.3 per cent to 157.55, while the Aussie fell roughly 0.7 per cent at one point to hit a session-low of ¥94.84. — Reuters picSINGAPORE, Oct 9 — The safe-haven dollar and Japanese yen edged higher today as violence in the Middle East spooked markets, while a blowout US jobs report gave the greenback a further leg up.
“As you’d expect, there’s a lot of uncertainty out there this morning in the markets,” said Tony Sycamore, market analyst at IG Australia. The dollar index was last 0.11 per cent higher at 106.21, drawing additional support from Friday’s data showing US employment increased by the most in eight months in September, potentially setting up for a higher-than-expected inflation print later this week.
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