The U.S. dollar firmed against its key counterparts in the European session on Friday, after a report showed that the nation's job growth exceeded economist estimates in May, fueling expectations that the Federal Reserve is likely to continue its tightening cycle in the coming months.
Data from the Labor Department showed that non-farm payroll employment jumped by 390,000 jobs in May after surging by an upwardly revised 436,000 jobs in April.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com