(Bloomberg) -- The dollar fell against the euro and yen after a government report showed U.S. employers added fewer jobs last month than economists forecast and the unemployment rate rose to 4.5 percent.
The U.S. currency weakened on speculation the Labor Department data will increase the likelihood of a cut in borrowing costs by the Federal Reserve. Reports earlier this week showed pending home sales unexpectedly declined and inflation moderated in March.
Read more at Bloomberg Currencies News
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