# Dollar jumps after strong US payrolls report

- Source: Economic Times
- Published: 2026-11-07T04:11:35+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/forex/forex-news/dollar-jumps-after-strong-us-payrolls-report/articleshow/135626197.cms
- Canonical: https://groundlevelnews.com/story/dollar-jumps-after-strong-us-payrolls-report-342e98/

The US dollar index jumped significantly following the Labor Department's report indicating an increase of 165,000 jobs last month, which far exceeded economists' forecasts. As a result, the probability of a rate hike from the Federal Reserve climbed to nearly 80% for next month. Moreover, Federal Reserve officials voiced concerns about ongoing inflation, leading to declines for other currencies s

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