Treasury Pulse

Global Forex Market

THE dollar’s strength sustained for the second consecutive week, up 0.13% to 97.2 over the week largely on the back of positive economic news which includes healthy labour market with non-farm payrolls adding 196,000 jobs in March after a 33,000 gain in the previous month with weekly jobless claims falling to the lowest in 50 years by 8,000 to 196,000 in the week ended April 6, and March’s faster-than-expected factory gate inflation up 2.2% y-o-y compared with 1.9% y-o-y in February (cons: 1.9%).