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Dollar Advances for a Second Day, Supported by Strong US Jobs Data

Doha: The US dollar advanced for a second day 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.

According to Qatar News Agency, 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. Meanwhile, the Chinese yuan was 0.1% firmer against the dollar at 6.7939 yuan in offshore trade, marking an eighth consecutive day of gains.

The US dollar index, which measures the greenback's strength against a basket of six currencies, was up 0.1% at 98.103. This steady rise highlights the ongoing influence of robust economic indicators from the US and geopolitical tensions affecting global currency markets.

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