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Singapore, June 08 (QNA) – The dollar was perched near a two-month high on Monday after a blowout US jobs report sent traders ramping up bets on a Federal Reserve rate hike this year, while the yen teetered further into the intervention zone.
Against the dollar, the euro fell to a two-month low of $1.1507, while sterling struggled at a three-week trough of $1.33165.
The Australian and New Zealand dollars similarly slid to their lowest in two months at $0.7016 and $0.5779, respectively.
The strength in the dollar has in turn weakened the yen, which fetched 160.33 per dollar. (QNA)
