(Reuters) - The dollar climbed to seven-week highs against the euro on Friday after U.S. manufacturing activity rose to its highest level since April 2006, slashing expectations of Federal Reserve interest rate cuts this year.
The factory survey followed a stronger-than-expected jobs reading for May and was consistent with a recent string of data showing a stable U.S. economy.
Read more at Reuters Africa
The factory survey followed a stronger-than-expected jobs reading for May and was consistent with a recent string of data showing a stable U.S. economy.
Read more at Reuters Africa
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