Currency Exchange Rates
The U.S. Dollar rose on Monday, benefiting from the strong jobs report released on Friday.
- The Yen lost ground amid uncertainty regarding monetary policy under the new governor of the Bank of Japan.
- Investors
currently are pricing in a 70% chance of a 25 basis point interest rate
hike at the next Federal Reserve meeting in early May.
- The U.S. Dollar Index gained 0.67% on Monday.
| UK(GBP) | £0.81 | 0.13% |
| Europe (EURO) | €0.92 | 1.06% |
| Canada (Canadian Dollar) | $1.35 | -0.45% |
| Japan (Yen) | ¥133.40 | 0.95% |
*Exchange
rates as of 7 am ET. Data from Morningstar Financial Research. To
understand why we track these currencies and the differences between
them,
