US dollar rises against most major currencies

New York: The US dollar rose against most major currencies as the economic data came out better than expected.

In late New York trading on Friday, the euro fell to $1.1221 from $1.1285 in the previous session, and the British pound fell to $1.2526 from $1.2575 in the previous session, Xinhua news agency reported.

The Australian dollar fell to $0.6979 from $0.7020.

The US dollar bought 108.57 Japanese yen, higher than 107.77 Japanese yen of the previous session. The US dollar increased to 0.9919 Swiss francs from 0.9849 Swiss francs, and it was up to 1.3083 Canadian dollars from 1.3058 Canadian dollars.

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US employers added 224,000 jobs in June, and the unemployment rate edged up to 3.7 percent, the US Labor Department said in a report on Friday.

Job gains mainly occurred in professional and business services, health care, transportation and warehousing, the report said.

The dollar index, which measures the greenback against six major peers, rose 0.56 percent at 97.2804 in late trading.

[source_without_link]IANS[/source_without_link]

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