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Dollar dives briefly as U.S. job growth slows more than expected

Dollar dives briefly as U.S. job growth slows more than expected

Bitget2024/11/01 12:58

The dollar retraced early gains and weakened against the euro on Friday, Nov. 1, after data showed that U.S. job growth slowed sharply in October due to hurricanes and a strike by Boeing workers. Data released on Friday showed that non-farm payrolls rose by 12,000 in October. Economists polled by Reuters had previously expected U.S. employment to rise by 113,000 people. The euro touched a more than two-week high against the U.S. dollar and was last up about 0.12%, while the dollar index DXY fell about 0.14% to near 103.72.

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