India, Sept. 8 -- A robust job market update from the U.S. on Friday limited the dollar's decline in the wake of dovish comments from a Fed official. Data showing a larger-than-expected addition to non-farm payrolls in the U.S. caused markets to raise expectations of a Fed rate hike.
Fed rate hike bets had suffered following comments from Fed Governor Christopher Waller about giving disinflation a chance.
During the week ended September 4, the U.S. dollar inter alia declined against the euro, the Australian dollar, the Japanese yen, the Canadian dollar as well as the Swedish krona. It however edged up against the British pound and the Swiss franc. As a result, the Dollar Index which measures the Dollar's strength against a basket of 6 cur...