SINGAPORE (Reuters) – The U.S. dollar was steady on Monday as investors digested a clutch of economic data released last week that stoked hopes of the Federal Reserve slowing the pace of its interest rate hikes. Data on Friday showed U.S. nonfarm payrolls rose by 223,000 jobs in December, Read more…
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The U.S. economy likely maintained a solid pace of job and wage growth in December, but rising borrowing costs as the Federal Reserve fights inflation could slow labor market momentum significantly by mid-year. The Labor Department's closely watched employment report on Friday is also expected to show the unemployment rate Read more…
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