💨 Abstract

The dollar reached a six-week high versus the yen on Thursday, boosted by a strong U.S. jobs market and Fed's rate hike expectations. Sterling fell to a two-week trough due to the Bank of England's dovish stance on rate cuts. The euro also slid to a three-week low after the European Central Bank policymaker took a dovish tone on inflation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖