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NEW YORK, July 30: The dollar rose broadly on Wednesday as a report showing that US private sector unexpectedly added jobs in July raised prospects of an improvement in non-farm payrolls data on Friday.
The dollar index, which tracks the dollar’s performance jumped to 73.493, its highest level since June 24. It was last at 73.462, up 0.3 per cent on the day.
The euro was down 0.3 per cent at $1.5540, after rising as high as $1.5616 overnight. The dollar was up 0.1 per cent at 108.20 yen, erasing losses which had seen it dip to 107.71 yen, as US stocks opened higher. Further falls in oil prices also boosted dollar sentiment.—Reuters
