The U.S. dollar fell against its major counterparts in the European session on Friday, as a moderation in the pace of U.S. job growth and a spike in the unemployment rate in August helped ease inflation worries and trimmed expectations of a 75 basis point hike from the Federal Reserve at its meeting later this month.
Data from the Labor Department showed that non-farm payroll employment rose by 315,000 jobs in August after surging by a revised 526,000 jobs in July.
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