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Home Headlines Dollar boosted after job growth in March exceeds expectations
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Dollar boosted after job growth in March exceeds expectations

by Uma Rajagopal
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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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Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.