Doha: A battered dollar found some support on Monday after a dismal US jobs report, and led investors to ramp up bets of imminent Federal Reserve rate cuts. Against a basket of currencies, the dollar edged up 0.1% to 98.75, after sliding more than 1% on Friday.

According to Qatar News Agency, the dollar recovered some of its losses against the yen Monday, trading 0.2% higher at 147.67 yen. The euro fell 0.06% to $1.1579, while sterling remained mostly unchanged at $1.3281. The Australian dollar saw a small increase of 0.09% to $0.64815, while the New Zealand dollar slightly declined by 0.11% to $0.59125. Meanwhile, the Swiss franc weakened more than 0.1% to 0.8054 per dollar.