On Monday, the euro firmed to one-month peaks against the greenback in Asia trade on Monday, after some ECB policymakers raised the possibility of increasing interest rates before bond purchases end.
The common currency gained 0.2%, hitting $1.0699, having soared as high as $1.0701, its highest value since February 9.
Some members of the ECB’s Governing Council talked about the probability of higher interest rates at the previous week’s policy gathering, though talk on the issue was quite concise and it didn’t receive broad support.
The euro’s revenues were limited by hopes that the Fed would decide to increase interest rates at its two-day policy gathering ending on Wednesday, after American employers hired folks at a robust pace in February.
The headline figure managed to surpass expectations and wages grew too, though by less than some analysts expected. The non-farm payrolls report reinforced market hopes that the Fed will increase interest rates this week notwithstanding slowing economic surge.
