WORLD FOREX: Euro Drops On Disappointing US Employment Data

Source: online.wsj.com

NEW YORK (Dow Jones)--The euro declined against the dollar Friday as U.S. stocks fluctuated in and out of positive territory in the wake of a disappointing U.S. monthly unemployment report.

During the New York afternoon, the single currency settled modestly below day-earlier levels versus the dollar, calming after a choppy morning. Rapid intraday shifts and reversals are common after a major data release as investors adjust positions in light of the figures.


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