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Job Growth Lifts the Dollar, Rate Hike Hits the Euro

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Published: Thursday, 7 Jul 2011 | 9:09 AM ET
Kelley Holland By:

News Writer

Dollar lifts, euro slips, and Thailand's prime minister-elect connects on the baht - time for your FX Fix.

The dollar rose against the yen and the euro after a stronger than expected report on job growth. [Reuters]

Surprise! Not really. The European Central Bank raised interest rates 25 basis points, and the euro slipped. [FT]

In another widely expected move, the Bank of England kept interest rates unchanged. [CNBC]

A surprisingly strong jobs report is lifting the Australian dollar. [WSJ]

The Thai baht hit a three-week high on the prime minister-elect's promises to fight inflation.[businessrecorder.com]

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Dollar lifts, euro slips, and Thailand's prime minister-elect connects on the baht - time for your FX Fix.

   
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