U.S. Dollar weakens before employment report

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Source: Bloomberg
The Dollar Index dropped on Friday after it was near its highest level in an eight-month period after the U.S. report showed that employers in the country hired fewer workers than forecast in the month of March signalling that the U.S. economic growth is slowing. The Dollar Index edged lower 0.2% to 82.529 earlier on Friday after it touched its lowest level since March 25 at 82.273.

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Fri, 05 Apr 2013 15:23:12 GMT

Treasuries advance amid small payroll increase in March

U.S. Treasuries continued to rise on Friday after a local report showed that the country's payroll increased by 88,000 workers in March recording the lowest gain in nine months bringing up concerns that the world's largest economy is slowing. The benchmark 10-year yields decreased 0.06 percentage points to 1.70% after it reached its lowest since December 12 at 1.68.

Fri, 05 Apr 2013 14:42:12 GMT

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