USD Strengthens Against Yen, Euro, and Swiss Franc Amid Stronger-than-Expected Jobs Data

The US dollar strengthened against major currencies after stronger-than-expected jobs data was released, signaling that the Federal Reserve might take longer to cut interest rates. The dollar rose 0.77% to 144.78 against the yen, weakened the euro by 0.47% to $1.1743, and strengthened the Swiss franc by 0.58%. US Treasury yields also rose, with the 2-year note yield increasing by 8.9 basis points to 3.88%.