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Markets

Dollar Gains on US Economic Strength and Hawkish Fed

The dollar index (DXY00 ) rallied to a 1-week high today and finished up by +0.71%. The dollar jumped Friday on the stro...

By Dhallo News · November 7, 2026 at 4:20 AM IST

The dollar index (DXY00 ) rallied to a 1-week high today and finished up by +0.71%. The dollar jumped Friday on the stronger-than-expected US Oct payroll report, which showed payrolls and hourly earnings rose more than expected and the unemployment rate unexpectedly declined, hawkish factors for Fed policy. Also, the...

SOURCE: Nasdaq
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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