Fri, 23 Apr 2021

U.S. dollar climbs amid upbeat data

06 Mar 2021, 07:55 GMT+10

NEW YORK, March 5 (Xinhua) -- The U.S. dollar strengthened in late trading on Friday as market participants sifted through the nation's February jobs data.

The dollar index, which measures the greenback against six major peers, increased 0.39 percent at 91.9835.

In late New York trading, the euro was down to 1.1912 U.S. dollars from 1.1966 dollars in the previous session, and the British pound was down to 1.3840 dollars from 1.3889 U.S. dollars in the previous session. The Australian dollar was down to 0.7689 U.S. dollar from 0.7728 dollar.

The U.S. dollar bought 108.33 Japanese yen, higher than 107.90 Japanese yen of the previous session. The U.S. dollar rose to 0.9308 Swiss franc from 0.9293 Swiss franc, and it was up to 1.2664 Canadian dollars from 1.2659 Canadian dollars.

U.S. employers added 379,000 jobs in February, with the unemployment rate little changed at 6.2 percent, the Labor Department reported Friday.

The job growth topped Wall Street expectations. Economists surveyed by Dow Jones and The Wall Street Journal had forecast 210,000 new jobs.

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