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Dollar gains vs euro, pares losses vs yen after US payrolls data By Reuters

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IntroductionEuro US Dollar0.05%US Dollar Japanese Yen-0.16%By Laura MatthewsNEW YORK (Reuters) - The U.S. dollar ...

&copy; Reuters. FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2,<strong>cfd Trader</strong> 2011. REUTERS/Yuriko Nakao/File PhotoEuro US Dollar0.05%US Dollar Japanese Yen-0.16%

By Laura Matthews

NEW YORK (Reuters) - The U.S. dollar rose against the euro and trimmed losses versus the yen on Friday, after non-farm payrolls data showed the U.S. economy added more jobs than expected in March.

Dollar gains vs euro, pares losses vs yen after US payrolls data By Reuters

Non-farm payrolls rose by 228,000 jobs last month after a downwardly revised 117,000 rise in February, the Labor Department said.

The euro is 0.21% weaker versus the dollar at $1.103, while the greenback pared losses against the yen to trade 0.29% lower at 145.67 yen.

Uto Shinohara, senior investment strategist at Mesirow Currency Management, said that although non-farm payrolls significantly exceeded expectations, dollar moves were relatively subdued because markets remain focused on potential tariff-related repercussions.

China announced additional tariffs of 34% on U.S. goods on Friday, the most serious response in a trade war with President Donald Trump, fuelling recession concerns and triggering a global stock market rout.

"Heightened global awareness of trade tensions has increased FX volatility in response to tariff-related factors, evident in China’s retaliatory measures pressuring the Australian dollar – risk currency – while supporting the Swiss franc – safe-haven currency," said Shinohara. "However, the employment report had a more limited impact on FX markets, as uncertainty surrounding tariff outcomes remains a dominant market driver."

Currency              

bid

prices at

4 April​

01:16

p.m. GMT

Descripti RIC Last U.S. Pct YTD Pct High Low

on Close Change Bid Bid

Previous

Session

Dollar 102.18 102.01 0.18% -5.82% 102.66 101.

index 53

Euro/Doll 1.1031 1.1053 -0.18% 6.56% $1.1108 $1.0

ar 964

Dollar/Ye 145.36 146.135 -0.42% -7.52% 146.51 144.

n 58

Euro/Yen 160.37​ 161.41 -0.64% -1.75% 162 159.

62

Dollar/Sw 0.851 0.8594 -0.98% -6.23% 0.8594 0.84

iss 78

Sterling/ 1.3 1.31 -0.74% 3.96% $1.3113 $1.2

Dollar 962​

Dollar/Ca 1.4206 1.4097 0.78% -1.2% 1.4243 1.40

nadian 54

Aussie/Do 0.6121 0.6329 -3.26% -1.05% $0.6332 $0.6

llar 05

Euro/Swis 0.9387 0.9492 -1.11% -0.06% 0.9496 0.93

s 68

Euro/Ster 0.8484 0.8432 0.62% 2.55% 0.8507 0.84

ling 32

NZ 0.5649 0.5794 -2.47% 0.99% $0.5797 0.56

Dollar/Do 14

llar

Dollar/No 10.5922​ 10.3188 2.65% -6.81% 10.6111 10.3

rway 066

Euro/Norw 11.6849 11.4046 2.46% -0.71% 11.715 11.4

ay 03

Dollar/Sw 9.9132 9.7647 1.52% -10.02% 9.9854 9.74

eden 51

Euro/Swed 10.9361 10.7931 1.32% -4.63% 11.0066 10.7

en 94

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