Monday, 5 May 2025

Dollar up after US jobs data release ‎

Dollar rose today, Friday, after data showed an increase in jobs in the largest economy in the world last month, indicating the possibility that the Federal Reserve (the US central bank) will be forced to raise interest rates again next month.

According to “Reuters”, the dollar index rose 0.3 percent to 102.16 after the release of jobs data in the non-farm sector in the United States.

The dollar rose against the yen by 0.4 percent to 132.21 yen, while the euro fell 0.2 percent to $1.0894.

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