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Upbeat U.S. Jobs Data Buoys Dollar

The U.S. dollar appreciated against its major counterparts in the European session on Friday, as the nation's job growth accelerated in March, intensifying hopes for a half-point rate hike by the Federal Reserve next month.

Data from the Labor Department showed that non-farm payroll employment jumped by 431,000 jobs in March after surging by an upwardly revised 750,000 jobs in February.

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by RTTNews Staff Writer

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