The dollar fell after the US jobs report

The dollar fell on Friday following US labor market data showed a slowdown in wage growth, which indicates a decline in inflationary pressures that may keep the pace of raising interest rates in the United States modest, which led to a decline in the attractiveness of the US currency.

The dollar fell once morest all major currencies, but stabilized once morest the Canadian dollar.

The dollar index, which measures the performance of the US currency once morest a basket of currencies, fell by 0.618 percent.

The euro rose 0.57 percent to $1.064, while the pound sterling traded at $1.2024, up 0.83 percent on Friday.

The Japanese yen rose 1.01 percent to 134.79 yen per dollar.

The dollar had recorded a surprise jump earlier in the session once morest the yen following the Bank of Japan kept its monetary policy unchanged at the last monetary policy meeting chaired by Governor Haruhiko Kuroda who leaves office in April.

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