The U.S. dollar turned weak on Friday amid easing worries about an aggressive rate hike by the Fed later this month after data showed a moderation in the pace of U.S. job growth and an uptick in unemployment rate in August.
The report showed non-farm payroll employment rose by 315,000 jobs in August after surging by a revised 526,000 jobs in July.
For comments and feedback contact: editorial@rttnews.com
Forex News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.