The dollar is stronger after the jobs report whiffed.
The US Dollar Index is up by 0.3%, at 95.91, as of 12:26 p.m. ET.
The US economy added 151,000 jobs in August, fewer than forecast, while the unemployment rate was unchanged at 4.9%, according to data released Friday by the Bureau of Labor Statistics.
Separately, the US dollar continues to dominate foreign-exchange trading. Triannual data released by the Bank for International Settlements showed the US dollar “was on the one side of 88% of all trades in April 2016, up slightly from 87% in April 2013.”
As for the rest of the world, here’s the scoreboard as of 8:03 a.m. ET:
- The British pound is up by 0.2%, at 1.3295, against the dollar. Earlier, construction PMI came in at 49.2, substantially above July’s 45.9 print. And while the sector remains in contraction, the reading showed the data to be stabilizing after the UK’s vote to leave the European Union. The South Korean won finished up 0.2%, at 1,116.27 per dollar, after the country’s economy expanded at 0.8% quarter-over-quarter in Q2, above expectations of 0.7%. Japanese yen is down 0.8%, at 104.07 per dollar. The Russian ruble is up by 1.3%, at 65.0902 per dollar. The euro is down by 0.4%, at 1.1156, against the dollar.