Dollar Could Rise Further on December Rate-Rise Prospect
Monex Europe's Nick Rees says the dollar could rise further after Friday's solid U.S. jobs report. He says a December 25-basis-point rate rise is possible unless October inflation is much lower than expected or November jobs are weak.
1011 ET - The dollar could rise further following Friday's solid U.S. nonfarm payrolls report, Monex Europe's Nick Rees says in a note. Unless U.S. inflation data for October on Tuesday are much lower than expected or November's jobs report is weak, a 25 basis-point interest-rate rise in December s…