US Dollar Holds Payrolls Gains; New Zealand Dollar Rises After Election
The U.S. dollar traded near a 1½-year high against the euro and a seven-month high against the Australian dollar after Friday’s robust U.S. jobs data. The New Zealand dollar rebounded from a seven-month low after an election.
The US dollar traded not far from a 1-1/2-year high versus the euro and a seven-month high on the Aussie on Monday, after surging by the most in nearly six months on Friday as robust US jobs data pushed up bets for higher interest rates.New Zealand's currency bounced from a seven-month trough after…