Dollar buoyed as strong job figures fan Fed tapering talk

The dollar was buoyant in early Tuesday trade as a run of strong U.S. job figures solidified expectations the U.S. Federal Reserve could soon start tapering its massive coronavirus-driven stimulus. The prospect of the Fed’s reduced bond-buying pushed down U.S. bond prices, lifting their yields and hitting other safe-haven assets that had benefited from low returns from U.S. paper, such as the Swiss franc and gold. The Swiss franc has lost about 1.6% over the last two sessions against the dollar to trade at 0.9208 franc.