Investing.com – The U.S. dollar was broadly higher against its major rivals on Wednesday, after a report showing U.S. private sector employers added more jobs than expected in January.
During European late afternoon trade, the greenback was slightly higher against the euro, with EUR/USD sliding 0.14% to hit 1.3809.
Earlier in the day, Germany rejected the idea of creating a euro-zone bond and reaffirmed that revisions to the existing euro-zone fiscal rescue facility were likely to require concessions from governments, such as deficit reduction.
Meanwhile, the greenback was down against the pound, with GBP/USD rising 0.24% to hit 1.6184.
Bank of England policymaker Andrew Sentance said earlier that the longer the central bank delayed taking action against rising inflation the bigger the threat to its credibility.
Elsewhere, the greenback was up against the yen and the Swiss franc, with USD/JPY climbing 0.28% to hit 81.56 and USD/CHF rising 0.3% to hit 0.9381.
The greenback was down against its Canadian counterpart but was higher against its Australian and New Zealand cousins, with USD/CAD shedding 0.2% to hit 0.9884, AUD/USD shedding 0.45% to hit 1.0065 and NZD/USD sliding 0.19% to hit 0.7798.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.15%.
Earlier Wednesday, a report showed that private employers in the U.S. added 187,000 jobs in January, compared with a downwardly revised gain of 247,000 jobs in December.
Analysts had expected employers to add 150,000 jobs in January.
During European late afternoon trade, the greenback was slightly higher against the euro, with EUR/USD sliding 0.14% to hit 1.3809.
Earlier in the day, Germany rejected the idea of creating a euro-zone bond and reaffirmed that revisions to the existing euro-zone fiscal rescue facility were likely to require concessions from governments, such as deficit reduction.
Meanwhile, the greenback was down against the pound, with GBP/USD rising 0.24% to hit 1.6184.
Bank of England policymaker Andrew Sentance said earlier that the longer the central bank delayed taking action against rising inflation the bigger the threat to its credibility.
Elsewhere, the greenback was up against the yen and the Swiss franc, with USD/JPY climbing 0.28% to hit 81.56 and USD/CHF rising 0.3% to hit 0.9381.
The greenback was down against its Canadian counterpart but was higher against its Australian and New Zealand cousins, with USD/CAD shedding 0.2% to hit 0.9884, AUD/USD shedding 0.45% to hit 1.0065 and NZD/USD sliding 0.19% to hit 0.7798.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.15%.
Earlier Wednesday, a report showed that private employers in the U.S. added 187,000 jobs in January, compared with a downwardly revised gain of 247,000 jobs in December.
Analysts had expected employers to add 150,000 jobs in January.