Dollar riding high on hike bets ahead of payrolls report

SYDNEY, Jan 7 (Reuters) – The dollar is set to notch up a fifth consecutive weekly gain on the Japanese yen and looks poised to extend the rally if U.S. labour data due later on Friday reinforces the case for early Federal Reserve interest rate hikes.

Read more at https://www.reuters.com/markets/europe/dollar-riding-high-hike-bets-ahead-payrolls-report-2022-01-07/