After data, Euro erases gains vs. dollar
Financeroll.com – The euro fell against the dollar on Friday, erasing gains made after the U.S. jobs report for August.
The euro fell to a session low of $1.4226 and last traded 0.1 percent lower at $1.4237. U.S. employers cut a fewer-than-expected 216,000 jobs while the unemployment rate rose to a 26-year high of 9.7 percent.
Against the yen, the dollar see-sawed after the jobs report and was last up 0.4 percent at 92.99 yen after hitting a session low of 92.26 yen immediately after the data.
Dollar trades in upper 92 yen rangeTOKYO, Sept. 4 (Finance Roll) -- The U.S. dollar traded in the upper 92 yen range Friday in Tokyo.
At 5 p.m., the dollar was quoted at 92.85-87 yen versus 92.60- 70 yen in New York and 92.42-44 yen in Tokyo at 5 p.m. Thursday.
The euro traded at 1.4270-4271 dollars and 132.50-54 yen against 1.4247-4257 dollars and 131.96-132.06 yen in New York and 1.4293-4295 dollars and 132.10-14 yen in Tokyo late Thursday.
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News Macro Economics Foreign exchange rates in Singapore11:55:8 pm (Fri) Sydney, Australia 10:55:8 pm (Fri) Tokyo, Japan 2:55:8 pm (Fri) London, UK 9:55:8 am (Fri) New York, US
Foreign exchange rates in Singapore
News - Macro Economics
Written by Gao Chuan
SINGAPORE, Sept. 4 (Finance Roll) -- The following are inter-bank rates of foreign currencies against the Singapore dollar on Friday.
Friday Thursday
bid/ask bid/ask
Australian dollar 1.2099/1.2117 1.1983/1.2002
British pound 2.3509/2.3534 2.3317/2.3341
Euro 2.0519/2.054 2.0519/2.3341
Hong Kong dollar 0.1855/0.1858 0.1861/0.1863
Japanese yen 100 1.5477/1.55 1.5577/1.5597
