FOREX-Dollar gains following U.S. employment data
By Chibuike Oguh
NEW YORK, (Reuters) - The dollar gained on Friday after data showed slower than expected U.S. jobs growth and as financial markets braced for a probable Supreme Court decision that could strike down President Donald Trump's tariffs.
The U.S. economy added 50,000 jobs in December, according to Labor Department data on Friday. That was lower than an estimate of 60,000 jobs growth forecast by economists polled by Reuters.
The dollar rose across peer currencies as the data suggests the Federal Reserve could leave interest rates unchanged later this month.
The greenback was up 0.38% to 157.42 against the Japanese yen JPY= and was up 0.09% against the Swiss franc CHF=.
The euro was down 0.14% against the dollar at $1.1644. The dollar index =USD rose 0.13% to 99.01.
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