U.S. dollar rises after upbeat jobs report
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E-mail Xinhua, February 5, 2019
NEW YORK, Feb. 4 (Xinhua) -- The U.S. dollar rose on Monday after the latest jobs report fueled investors' confidence in U.S. economy.
Job growth in January beat expectations with total nonfarm payrolls increasing by 304,000 despite a partial government shutdown that was the longest in U.S. history, the Labor Department said Friday.
Job gains occurred in several industries, including leisure and hospitality, construction, health care, and transportation and warehousing, the department said.
The dollar index, which measures the greenback against six major peers, was up 0.29 percent to 95.8502 at 3:00 p.m. (2000 GMT).
In late New York trading, the euro decreased to 1.1432 dollars from 1.1460 dollars in the previous session, and the British pound was down to 1.3043 U.S. dollars from 1.3082 dollars in the previous session. The Australian dollar fell to 0.7224 dollar from 0.7250 dollar.
The U.S. dollar bought 109.91 Japanese yen, higher than 109.51 Japanese yen of the previous session. The dollar rose to 0.9983 Swiss franc from 0.9951 Swiss franc, and it increased to 1.3124 Canadian dollars from 1.3087 Canadian dollars. Enditem
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