The dollar edged up on Friday but was set for its biggest weekly fall since the start of June, as a sentiment boost from better-than-expected jobs data in the United States was tempered by surging coronavirus cases.
The U.S. Labor Department said on Thursday that payrolls surged in June but the reaction in currencies was limited. Even after two months of job recovery from May, the U.S. economy has regained just over a third of an historic plunge of 20.787 million jobs lost in April.
Against a basket of currencies, the dollar rose less than 0.1%, to 97.249 at 13:53 GMT. Friday saw its biggest daily gains this week but it is still on track for its biggest weekly fall since the first week of June.
The euro was little changed against the dollar, at 1.1237. It gained against the safe-haven Swiss franc and fell versus the commodity-driven Norwegian crown.
Source : Reuters
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