Forex-Dollar falls against yen after weak US jobs data
SPY•Euro and dollar index move lower
The euro was up 0.41% at $1.1571.
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, fell 0.46% to 99.49.
Dollar falls after weak U.S. jobs data
The dollar fell against major currencies including the yen and euro on Friday after data showed U.S. employment unexpectedly declined in July, raising concerns about the economy and how the Federal Reserve may respond.
The U.S. economy lost 23,000 jobs in July, Labor Department data showed on Friday, compared with economists' expectations for an increase of 80,000 jobs in a Reuters poll.
Yen strengthens after recent intervention
The dollar weakened against the yen following the report, shedding gains in recent days in the aftermath of a historic intervention between Japanese and U.S. authorities. It was last down 0.69% to 157.32 yen.
