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Currency News

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(09 Jun 2025, 12:58)

US dollar index slips under 99-mark as latest gains fail to sustain

The US dollar index saw good gains on Friday as non-farm payroll employment shot up by 139,000 jobs in May after jumping by a downwardly revised 147,000 jobs in April. The US unemployment rate came in unchanged at 4.2 percent in May. Dollar index rose around half a percent though these gains fizzled out in Monday’s trading. The US dollar index has slipped under 99 mark and currently quotes at 98.90, down 0.25% on the day. Currency market seems to have moved in a cautious stance ahead of the U.S.-China trade talks due later in the day. Risk appetite is firm in Asia, keeping the dollar index under check.
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