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Dollar Jumps as U.S. Job Gains, Wage Growth Beat Expectations


SINGAPORE, May 5 (Reuters) – The dollar jumped on Friday after data showed that U.S. employers added more jobs than expected in April, while wages also grew more than economists’ anticipated.

Employers added 253,000 jobs, above economists’ forecasts for a 180,000 gain. U.S. average hourly earnings rose at an annual rate of 4.4%, above expectations for a 4.2% increase.

The dollar index hit a session high of 101.72 and the euro fell to $1.0971. The dollar also jumped to 135.11 against the Japanese yen .

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Currency bid prices at 8:36AM (1236 GMT)

DescriptionRICLastU.S. Close Previous SessionPct ChangeYTD Pct ChangeHigh BidLow Bid
Dollar index101.6000101.3400+0.27%-1.826%+101.7200+101.1100
Euro/Dollar$1.0983$1.1014-0.28%+2.50%+$1.1048+$1.0971
Dollar/Yen134.7100134.2650+0.35%+2.76%+135.0750+133.8800
Euro/Yen147.99147.87+0.08%+5.48%+148.2700+147.6900
Dollar/Swiss0.89530.8859+1.06%-3.17%+0.8972+0.8836
Sterling/Dollar$1.2578$1.2575+0.06%+4.04%+$1.2634+$1.2559
Dollar/Canadian1.34831.3540-0.38%-0.45%+1.3539+1.3479
Aussie/Dollar$0.6711$0.6694+0.27%-1.54%+$0.6744+$0.6689
Euro/Swiss0.98320.9756+0.78%-0.64%+0.9849+0.9754
Euro/Sterling0.87300.8759-0.33%-1.29%+0.8767+0.8733
NZ Dollar/Dollar$0.6279$0.6279+0.03%-1.08%+$0.6316+$0.6265
Dollar/Norway10.620010.6910-0.63%+8.25%+10.6870+10.5800
Euro/Norway11.664811.7663-0.86%+11.16%+11.7903+11.6692
Dollar/Sweden10.227810.2431-0.45%-1.73%+10.2621+10.1849
Euro/Sweden11.229611.2807-0.45%+0.76%+11.2945+11.2299

Source: Reuters

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