Dollar declines against the Euro due to unemployment report

Source: Investing.com
© Scanpix/Reuters
On Monday the US Dollar weakened versus the Euro amid the latest US labour market report. EUR/USD rose to 1.1852, compared to last Thursday's nine-year low. 252 thousand new jobs were added to the US economy in December, and the unemployment fell down to a 6.5 year low of 5.6%. Meanwhile, the Euro zone is on the verge of deflation, and purchasing government bonds may well help deal with the issue. As for the US Dollar Index, it declined to 92.07, down from a 12-year high of 92.76.
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