Dollar's September Sprint: Fed Rate Hike Bets Clash with Canadian Currency Crisis

58.3% — The probability of a Fed rate hike in September, surging from 50.2% before Friday's blockbuster jobs report, sending the dollar index to 99.20.

Money Moves

• US Dollar Index (DXY) strengthens above 99.00 — The greenback pushed to 99.20 in early Monday trading as robust Nonfarm Payrolls (162K vs 56K expected) supercharged rate hike expectations.
• British Pound gains as Dollar weakens despite Fed odds surge — GBP/USD inched to 1.3520...