S&P 500
1969.95
-8.96 -0.45%
Dow Indu
16912.11
-70.48 -0.42%
Nasdaq
4444.48
-0.43 -0.01%
Crude Oil
101.44
+0.47 +0.47%
Gold
1298.970
-0.235 -0.02%
Euro
1.34005
-0.00135 -0.10%
US Dollar
81.297
+0.087 +0.11%
Weak

Market Commentary and Intraday News

Dollar soars on positive US jobs data

508 days ago

INO's Daily Market Analysis And Commentary - FREE
This free resource will deliver our popular morning and evening analysis reports directly to your inbox. This analysis is a great tool for traders of all types and includes analysis of stock, futures, commodities, ETFs, foreign exchange, indexes, bonds and interest rates.
Click this link for to register.

(AP:NEW YORK) The dollar is rising against most major currencies after more jobs were created last month in the U.S. than expected, sending the unemployment rate to a four-year low.

The euro fell to $1.2981 in afternoon trading from $1.3104 late Thursday. Earlier, the euro fell to $1.2954, its lowest point against the dollar since Dec. 11, 2012.

The Labor Department said 236,000 were added in February and that the unemployment rate fell to 7.7 percent from 7.9 percent in January. Economists expected the economy to add 152,000 jobs.

The British pound fell to $1.4940 from $1.5018.

The dollar rose to 95.70 Japanese yen from 94.85 Japanese yen and to 0.9525 Swiss franc from 0.9427 Swiss franc.


Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

INO.com on Facebook INO.com MarketClub on Twitter INO.com on Google+ INO.com YouTube

© Copyright INO.com, Inc. All Rights Reserved.