Canadian News

Upbeat Jobs Data Buoys U.S. Dollar

The U.S. dollar firmed against its major counterparts in the New York session on Friday, as the nation's job growth exceeded expectations in January, raising hopes that interest rates would remain elevated for longer.

Data from the Labor Department showed that non-farm payroll employment soared by 517,000 jobs in January after surging by an upwardly revised 260,000 jobs in December.

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by RTTNews Staff Writer

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