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World / Asia

Dollar advances for a second day, supported by strong US jobs data

Published: 11 May 2026 - 10:46 am | Last Updated: 11 May 2026 - 10:47 am
File photo

File photo

QNA

Singapore: The US dollar advanced for a second day ‌against its major peers in Asian trade on Monday, supported by strong US jobs data and safe-haven demand driven by developments in the Middle East.

The euro was down 0.2% at $1.1757, the yen slipped 0.3% to 157.155 yen per dollar and the British pound was 0.3% lower at $1.3590.

The risk-sensitive Australian dollar slipped 0.2% to $0.7229, while its kiwi counterpart weakened 0.3% to $0.5948.

The Chinese yuan was 0.1% firmer against the dollar at 6.7939 yuan in offshore trade, up for an eighth consecutive day.

The US dollar index, which measures the greenback's strength against a basket of six currencies, was up 0.1% at 98.103.