Dollar weakens versus euro, pound after jobs data

Friday, 07. May 2021 17:00

The United States dollar surrendered more than 0.6% to both the euro and the pound on Friday after the disappointing nonfarm employment report.

Compared to the euro, the greenback sank to a level it last stood at in late February. Versus the pound sterling, the US currency dropped to a two-and-a-half-week low.

Both the euro and the pound jumped by 0.64% compared to the dollar at 10:59 am ET, selling for 1.21420 and 1.39783, respectively.

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Breaking the News / BU