Dollar firms on optimism over US debt ceiling talks, Aussie down after jobs data
The U.S. dollar held near a seven-week peak on Thursday, after President Joe Biden and top U.S. congressional Republican Kevin McCarthy worked towards avoiding a damaging debt default. Meanwhile, the Aussie dollar slipped after disappointing jobs data. Yields rose when bond prices fell, helping lift the U.S. dollar. Against a basket of currencies, the dollar index firmed near its seven-week peak hit in the previous session.
