U.S. dollar rises on strong data
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E-mail Xinhua, July 6, 2019
NEW YORK, July 5 (Xinhua) -- The U.S. dollar rose in late trading on Friday as economic data came out better than expected.
U.S. employers added 224,000 jobs in June, and the unemployment rate edged up to 3.7 percent, the U.S. Labor Department said in a report on Friday.
Job gains mainly occurred in professional and business services, health care, transportation and warehousing, the report said.
June's total nonfarm payroll employment is markedly higher than May's downwardly revised number of 72,000, and is higher than the economists' forecast of 165,000 surveyed by The Wall Street Journal.
The dollar index, which measures the greenback against six major peers, rose 0.56 percent at 97.2804 in late trading.
In late New York trading, the euro fell to 1.1221 dollars from 1.1285 dollars in the previous session, and the British pound fell to 1.2526 dollars from 1.2575 U.S. dollars in the previous session. The Australian dollar fell to 0.6979 dollar from 0.7020 dollar.
The U.S. dollar bought 108.57 Japanese yen, higher than 107.77 Japanese yen of the previous session. The U.S. dollar increased to 0.9919 Swiss franc from 0.9849 Swiss franc, and it was up to 1.3083 Canadian dollars from 1.3058 Canadian dollars. Enditem
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