Dollar Finds Footing Ahead of Job Data Deluge

1.tagreuters.com2022binary LYNXMPEI6S019 FILEDIMAGE - The Japan Weeknd Magazine
LONDON—The U.S. dollar regained some ground on Tuesday and hovered near a one-week high against a basket of currencies, ahead of a flurry of employment data that could upend investor expectations for the outlook for interest rates.
The euro took an early knock from comments by European Central Bank member Isabel Schnabel, who said in an interview with Reuters that interest rate hikes were off the table, given the “remarkable” fall in inflation.
Bitcoin held close to its highest since April last year, near $42,000, as a decline in the dollar in recent weeks has diverted cash into riskier assets….

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