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Summary Dollar traded mixed against other currencies after US job data fell to its lowest level in 4 years.
The dollar traded mixed against other currencies Friday after the U.S. unemployment rate fell to its lowest level in nearly four years last month.The Labor Department said that the unemployment rate fell to 7.8 percent in September, down from 8.1 percent in August.Thats the lowest rate since January 2009. Employers added 114,000 jobs in September.The euro rose to $1.3025 in late trading Friday from $1.3018 late Thursday.The British pound fell to $1.6140 from $1.6185. The dollar rose to 78.69 Japanese yen from 78.50 yen.The Canadian dollar rose against the U.S. currency after Canada posted its own positive jobs report Friday. Canadian employers added 52,100 jobs in September, more than economists expected. The dollar fell to 97.90 Canadian cents from 98.07 Canadian centsThe dollar fell to 0.9300 Swiss franc from 0.9308 Swiss franc.
