The U.S. dollar firmed against its key counterparts in the European session on Friday, as the nation's job growth exceeded expectations in September, intensifying hopes that the Federal Reserve will continue to raise rates aggressively in the coming months.
Data from the Labor Department showed that non-farm payroll employment jumped by 263,000 jobs in September after surging by an unrevised 315,000 jobs in August. Economists had expected employment to leap by 250,000 jobs.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.