INQUIRER.net: Dollar drops after poor US jobs report

INQUIRER.net Philippine News for Filipinos

Dollar drops after poor US jobs report Apr 6th 2013, 00:53 NEW YORK—The US dollar took a hit against most major currencies Friday after a disappointing jobs report suggested the Federal Reserve's easy-money policies may not be reversed anytime soon.   Near 2130 GMT, the euro traded at $1.2990, up from $1.2934 late Thursday.   The dollar also weakened against the British pound and the Swiss franc.   An exception was the Japanese yen, which continued to show weakness against major currencies after the Bank of Japan's exceptionally aggressive monetary policy was announced Thursday.   The dollar traded at 97.54 yen, up from 96.33 late Thursday, while the euro bought 126.70 yen, up from 124.60.   ... Keep on reading: Dollar drops after poor US jobs report Media files: dollar-bills.jpg (image/jpeg)

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