The dollar climbed against major currency pairs on Aug. 9, briefly touching a four-month high versus the euro, as investors encouraged by last week’s strong jobs report brought forward bets for an earlier tapering of Federal Reserve stimulus.
The greenback strengthened to as much as $1.1742 against the euro, extending a 0.6 percent pop from Aug. 6, when the Labor Department’s jobs report stoked bets that the Fed could start trimming asset purchases this year and raise rates as soon as early 2023.
