Dollar climbs as traders bet jobs report will support rate hike

The U.S. dollar edged higher against its main rivals on Thursday as investors were hopeful that a report on job growth in October, expected early Friday, would support a Federal Reserve interest-rate hike in December—a boon for the buck.

The euro EURUSD, -0.0184% traded at $1.0880 late Thursday in New York, little-changed from its level late Wednesday in New York. The dollar USDJPY, +0.05%  traded at ¥121.71 late Thursday, up 0.2% from ¥121.51 late Wednesday.

The ICE U.S. Dollar Index DXY, +0.00% a measure of the dollar’s strength against a basket of six rival currencies, was at 97.9740, little-changed from its late-Wednesday level.

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