U.S. dollar slips amid economic data

0 Comment(s)Print E-mail Xinhua, May 7, 2022
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NEW YORK, May 6 (Xinhua) -- The U.S. dollar moved lower in late trading on Friday as market participants parsed the nation's April payrolls data.

The dollar index, which measures the greenback against six major peers, decreased 0.09 percent to 103.6600.

In late New York trading, the euro was up to 1.0550 U.S. dollars from 1.0519 dollars in the previous session, and the British pound was down to 1.2333 U.S. dollars from 1.2350 dollars in the previous session. The Australian dollar fell to 0.7076 U.S. dollars from 0.7095 U.S. dollars.

The U.S. dollar bought 130.57 Japanese yen, higher than 130.31 Japanese yen of the previous session. The U.S. dollar increased to 0.9882 Swiss franc from 0.9873 Swiss franc, and it was up to 1.2906 Canadian dollars from 1.2853 Canadian dollars.

On the data front, the U.S. Labor Department reported Friday that the U.S. economy added 428,000 jobs in April and the unemployment rate was unchanged at 3.6 percent. Economists polled by The Wall Street Journal had forecast 400,000 new jobs. Enditem

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