Officialsportsbetting.com NHL Betting Dollar buoyed as strong job figures fan Fed tapering talk

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.

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