The U.S. currency fell against most of its major peers after the Labor Department said payrolls rebounded in April following an even bigger setback a month earlier than previously estimated.
That’s pushed out trader expectations for when the Federal Reserve will begin raising interest rates, which up until the middle of April had underpinned a nine-month rally in the greenback.
The Bloomberg Dollar Spot Index, which tracks the U.S. currency against 10 major peers, fell 0.1 percent to 1,164.21 as of 4 p.m. in New York. It has gained 16 percent in the past year.
The euro fell 0.6 percent to $1.1199, leaving it unchanged this week. The dollar was little changed at 119.76 yen.
Source : Bloomberg