
The information provided below about cookies also applies to these other tracking technologies. This allows our sites to recognize your device from those of other users on our sites. The other tracking technologies work similarly to cookies and place small data files on your devices or monitor your website activity to enable us to collect information about how you use our sites. What are Cookies and Other Tracking Technologies?Ī cookie is a small text file that can be stored on and accessed from your device when you visit one of our sites, to the extent you agree.

This cookie policy should be read together with our Privacy Policy.īy continuing to browse or use our sites, you agree that we can store and access cookies and other tracking technologies as described in this policy. This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit websites that posts a link to this Policy (collectively, “the sites”). understands that your privacy is important to you and we are committed for being transparent about the technologies we use. Check Business Breaking News Live on Zee Business Twitter and Facebook. Get Latest Business News, Stock Market Updates and Videos Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. rates might have sold euros for dollars when US Treasury yields rose after the jobs data while European bond markets were closed, said Simon Harvey, head of FX analysis at Monex Europe.Įuropean bond yields rose sharply on Tuesday, catching up after the break.

The data on Friday showed employers added 236,000 jobs while the unemployment rate fell to 3.5 per cent.Īlgorithms trading currencies based on the difference between European and U.S. Strong jobs data for March have added to expectations that the US central bank will complete one more rate hike. Markets are also pricing for the Fed to cut rates by year-end on an expected recession, though Fed officials have stressed the need to keep rates high in order to bring down inflation. The US Fed is seen as likely to hike rates by an additional 25 basis points at its May 2-3 meeting, before pausing in June. The dollar was last up 0.08 per cent against the Japanese currency at 133.73.Ĭonsumer price data on Wednesday is expected to show headline inflation rose by 0.2 per cent in March, while core inflation rose 0.4 per cent. The dollar edged higher against the yen, after jumping on Monday as Bank of Japan Governor Kazuo Ueda signaled no hurry to dial back its massive stimulus. During the day, the rupee witnessed a high of 81.96 and a low of 82.15 against the greenback.
