Dollar falls after disappointing jobs report


REUTERS: The dollar weakened on a disappointing jobs report, but stocks rose Friday.

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REUTERS: The dollar weakened on a disappointing jobs report, but stocks rose Friday.

Asian equity markets rose after U.S. Labor Department data for March showed employers added the fewest jobs in more than a year. The gain of 126,000 jobs last month was well below economists’ expectations for an additional 245,000.

ISM data on Monday showed the pace of growth in the U.S. services sector fell in March to a three-month low but a measure from Markit showed the sector expanded in March at its fastest pace since August.

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