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![]() The U.S. dollar was up on Monday after data on the jobless growth in the U.S. in June indicated that the Fed's plans to tighten the policy by the end of the year are likely to continue. ![]() 10.Jul.17 9:02 AM By Daria Zaytseva Photo Toinnov.com |
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The growth in the number of jobs in the U.S. in June surpassed expectations, indicating that the Fed is likely to stick to its intention to raise interest rates for the third time in 2017 and begin to reduce the volume balance, despite a weak increase in wages and a slowdown in inflation.
Support for the dollar also had an increase in the yield of U.S. state bonds. The yield of indicative 10-year government bonds was kept at 2.389 percent in Asian trading, close to the Friday's closing at 2.393 percent. After the release of labor statistics, the yield reached a peak of more than eight weeks at 2.398 percent. |