Forex – U.S. Dollar drops

FxPremiere.com – Forex – U.S. Dollar drops The greenback was lower on Friday after data showed the U.S. economy only added 20k jobs in Feb 2019, well below expectations, as the economy nears full employment.

The numbers point a mixed picture of the health in the U.S. economy, as the unemployment rate dropped.

Forex U.S. Dollar drops
Forex U.S. Dollar drops

The U.S. dollar index, which measures the greenback’s strength vs a basket of six major currencies, lost 0.39% to 97.284 as of 9:17 AM ET (14:17 GMT).

The dollar declined vs the safe-haven yen, with USD/JPY falling 0.4% to 111.69.

The loonie was higher, with USD/CAD down 0.16% to 1.3428, after data showed its economy added more jobs than expected in February.

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