Dollar bounces as US jobs growth beats expectations
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.
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