The dollar closed Friday’s session with losses once morest other Latin American currencies, including the Mexican peso. The US currency’s pullback was supported by employment data shared by the Labor Department, which showed a more-than-expected increase in the pace of hiring in August.
According to last month’s employment report, nonfarm jobs increased by 315,000, beating expectations of 300,000 by several economists polled by Archyde.com. Such encouraging data gives the Federal Reserve some wiggle room on how aggressively it will raise interest rates at its next meeting.
However, despite the new jobs, the unemployment rate rose once more. According to the August report, this indicator stood at 3.7%, the highest level since February of this year, with 0.2% more than in July.
On the other hand, following the close of the market, the dollar index, the DXYwhich tracks the behavior of this currency once morest a basket of the six most important currencies, registered a slight fall of 0.09%, standing at 109,575 units, heading for its third consecutive weekly gain, according to Investing.com, one of the most important finance portals.
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Price of the dollar today, September 3: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
With the market closed this is the dollar exchange rate in Mexico, Honduras, Guatemala, Nicaragua and Costa Rica, this Saturday, September 3according to Investing.com.