Dollar bounces as US jobs growth beats expectations
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
NEW YORK, Sept 4 : The dollar jumped on Friday after data showed that employers added 162,000 jobs in August, well above the 56,000 additions expected by economists.
The data follows after an unexpected 23,000 job decline in July. The unemployment rate held steady at 4.1 per cent.
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was last up 0.37 per cent on the day 99.33, with the euro down 0.28 per cent at $1.1592.
The Japanese yen weakened 0.41 per cent to 156.45 per dollar.
(Editing by Alison Williams)
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
