Dollar extends gains after U.S. job growth beats expectations

by Aurelia Butler 3 June 2022, 13:11 99 Views

NEW YORK (Reuters) – The U.S. dollar extended its gains on Friday, after data showed U.S. employment increased more than expected in May, while the unemployment rate held steady at 3.6%, signs of a tight labor market that could keep the Federal Reserve going with rate hikes.

The U.S. Dollar Currency Index, which tracks the greenback against six major currencies, was up 0.4%.

Source: Economy - investing.com

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Dollar extends gains after U.S. job growth beats expectations

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