Dollar hovers near two-week high, investors eye U.S. jobs data for Fed clues

06.05.2021 - Evdokimov Roman
Dollar hovers near two-week high, investors eye U.S. jobs data for Fed clues

The dollar lingered below a two-week top on Thursday, consolidating ahead of a key U.S. jobs report that may include hints at a shift in monetary stimulus by the Federal Reserve. 

The greenback rose from a one-month low over the past week. The dollar index was little changed at 91.316 on Thursday, after climbing to as high as 91.436 in the last session.

The euro stood at the $1.20-mark on Thursday, following a drop to $1.1986 on Wednesday, its weakest since April 19.

The dollar traded at 109.34 against the yen, consolidation after climbing to as high as 109.695 on Monday.

The loonie steadied at 1.2268 on the dollar after climbing to a three-year top of 1.2252 on Wednesday, boosted by higher crude prices and optimism over global economic recovery.

The pound was little changed at $1.3904 on Britain’s speedy vaccination rollouts, boosting economic growth.

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