Dollar rises after robust U.S. jobs data, euro dips
Written by Black Hot Fire Network on April 1, 2022
NEW YORK, April 1 (Reuters) - The dollar rose on Friday, helped by robust U.S. job growth numbers for March that firmed market expectations that the Federal Reserve will increase the pace of interest rate hikes in an effort to blunt rising inflation.
The nonfarm payrolls report showed that 431,000 jobs were added last month, versus estimates of 490,000, while data for February job increases were revised . . .