Investing.com – The U.S. dollar was up against all of the other major currencies on Monday despite Friday’s weak jobs data which solidified expectations that the Federal Reserve will announce further asset buying to boost the U.S. economy.
During European morning trade, the greenback was up against the euro, with EUR/USD shedding 0.52% to hit 1.3936.
The greenback was also up against the pound, with GBP/USD slipping 0.16% to hit 1.5935.
Elsewhere, the dollar was up against the Swiss franc and the yen, with USD/CHF gaining 0.07% to hit 0.9632 and USD/JPY rising 0.17% to hit 82.04.
In addition, the greenback was up against its Canadian, Australian and New Zealand counterparts, with USD/CAD gaining 0.04% to hit 1.0113, AUD/USD shedding 0.09% to hit 0.9841 and NZD/USD falling 0.27% to hit 0.7534.
Earlier in the day, official data showed that the number of Australian new home loan approvals rose less-than-expected in August.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.02%.
Data released on Friday showed that U.S. non-farm payrolls fell unexpectedly in September, down for the fourth consecutive month.
During European morning trade, the greenback was up against the euro, with EUR/USD shedding 0.52% to hit 1.3936.
The greenback was also up against the pound, with GBP/USD slipping 0.16% to hit 1.5935.
Elsewhere, the dollar was up against the Swiss franc and the yen, with USD/CHF gaining 0.07% to hit 0.9632 and USD/JPY rising 0.17% to hit 82.04.
In addition, the greenback was up against its Canadian, Australian and New Zealand counterparts, with USD/CAD gaining 0.04% to hit 1.0113, AUD/USD shedding 0.09% to hit 0.9841 and NZD/USD falling 0.27% to hit 0.7534.
Earlier in the day, official data showed that the number of Australian new home loan approvals rose less-than-expected in August.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.02%.
Data released on Friday showed that U.S. non-farm payrolls fell unexpectedly in September, down for the fourth consecutive month.