Learn more

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose against most currencies on Thursday in choppy trading, bolstered by better-than-expected U.S. labor market data that dampened expectations of multiple interest rate cuts by the Federal Reserve this year. A crucial nonfarm payrolls report due on Friday could guide the outlook on Fed policy easing. Economists polled by Reuters forecast that 170,000 jobs were created in December, fewer than the 199,000 the month before. The U.S. currency gained on news that U.S. private employers hired more workers than expected in December. Private …

cuu