Dollar dips against euro as jobs gains offset by negative revisions

THE dollar gave back earlier gains against the euro but stayed stronger against the yen on Friday (May 5) after jobs gains and wage growth for April beat economists’ forecasts but had downward jobs revisions for March. Employers added 253,000 jobs, beating economists’ forecasts for a 180,000 gain. March data was revised lower to show 165,000 jobs added instead of 236,000 as previously reported.


Business Asia
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