On the week, the dollar was down 0.2% versus the yen, its biggest weekly loss since late July.
That is a Goldilocks number,' he said, suggesting it was ideal for the economy.Īgainst the yen, the dollar fell to a two-week low of 149.18, and was last down 0.8% at 149.315 yen, capping a whirlwind week, in which the Japanese currency touched a one-year low against the dollar and 15-year trough against the euro. economy needs relative to population growth and the stable unemployment rates. 'If you look at the new jobs, 150,000 versus 180,000 expected - that is still a strong jobs-creation number, but more in line with what the U.S. 'From my view, the Fed rate hike cycle is over and this reaffirms the view that the Fed should not hike rates again,' said Ronald Temple, chief market strategist at Lazard in New York. The numbers for September were revised lower to show 297,000 jobs created instead of 336,000 as previously reported.
For the week, the greenback was down 1.4%, on pace for its worst weekly performance since July as well.ĭata showed nonfarm payrolls increased by 150,000 jobs last month.
