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NEWS

Dollar boosted after job growth in March exceeds expectations

Dollar boosted after job growth in March exceeds expectations

By Hannah Lang and Amanda Cooper

NEW YORK/LONDON (Reuters) -The dollar was up on Friday after data showed that U.S. job growth in March beat expectations, with nonfarm payrolls increasing by 303,000 jobs last month.

The dollar index was last up 0.297% at 104.53. It has had a turbulent week, falling from a five-month high to a two-week low after an unexpected slowdown in U.S. services growth supported expectations of the Federal Reserve bringing interest rates down.

(Additional reporting by Brigid Riley in Tokyo; Editing by Jamie Freed, David Evans and Chizu Nomiyama)

 

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