Dollar edges higher on Fed rate-hike expectations after stronger payrolls
The U.S. dollar inched higher after stronger-than-expected August nonfarm payrolls, boosting near-term Federal Reserve rate-hike expectations.
WASHINGTON (dpa-AFX) - The U.S.
Dollar value inched higher following the release of stronger-than-expected August U.S. nonfarm payrolls numbers which spiked the expectations for a rate hike by the U.S.
Federal Reserve in the near-term.
However, the slide in crude oil prices due to the absence of an…