Strong US Employment Report Intensified December Rate Hike Speculations

7 November 2015 7 November 2015

EllaPalumbo255

Strong US employment report for October reinforced speculations for Fed's rate hike in December. The greenback firmed with the US dollar index jumping to as high as 99.35, a level not seen since April this year, before ending the day at 99.17. The index gained +1.24% on Friday and +2.29% from a week ago.