U.S. Dollar climbs on employment data, Yen falls

Source: Reuters
© Scanpix\Reuters
The U.S. currency advanced versus the Japanese Yen and its major counterparts on Monday, adding to gains after Friday's positive U.S. employment data signaled that the Federal Reserve might start tapering stimulus soon. U.S. employment data rose hardly above expected 175,000 jobs in May, while the unemployment level inched up. The U.S. Dollar Index added 0.3% to 81.915.
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Mon, 10 Jun 2013 11:26:09 GMT

Wall Street rises following positive U.S. employment report

The Dow futures jumped over 200 points, reaching the highest level since January 2, and the S&P 500 recovered from a two-week loss on Friday as U.S. employment report calmed investors' concerns that the Federal Reserve may scale back its asset purchase programme soon. The S&P 500 and the Nasdaq reported their greatest daily percentage climbs since April 16.

Mon, 10 Jun 2013 10:32:07 GMT

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