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DJ Dollar Falls After US Jobs Data -- Market Talk

· 02/05/2021 08:50

1350 GMT - The dollar falls, sending the euro and sterling higher, after U.S. non-farm payrolls rose by slightly less than expected in January, while December's data were revised lower. Employment increased by 49,000 in January, compared to a forecast for jobs growth of 50,000 in a WSJ survey of economists. The unemployment rate, however, unexpectedly fell to 6.3% from 6.7%. The DXY dollar index falls to 91.2790 after the data, from 91.4250 beforehand. EUR/USD rises to 1.2004 from 1.1987 before the data and GBP/USD climbs to 1.3713 from 1.3689. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

February 05, 2021 08:50 ET (13:50 GMT)

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