Dollar revs up for jobs data, euro bonds rally on ECB, The dollar hit a new 11-year high against major currencies on Friday as investors bet the monthly U.S. jobs report would add to the chance of rate hikes, even as the European Central Bank embarks on a 1 trillion euro campaign of bond-buying.
The euro broke below $1.0980 EUR=D4 for the first time since September 2003 as it continued its steady march lower. [FRX/]
The same balance of risks saw the gap between German and U.S. bond yields stretched to its widest in more than a quarter of a century as government bond yields across the 19-country euro zone took another step lower. [GVD/EUR]Read More
The euro broke below $1.0980 EUR=D4 for the first time since September 2003 as it continued its steady march lower. [FRX/]The same balance of risks saw the gap between German and U.S. bond yields stretched to its widest in more than a quarter of a century as government bond yields across the 19-country euro zone took another step lower. [GVD/EUR]Read More
