FOREX-Dollar extends gains after U.S. jobs data

Published 11/05/2010, 08:38 AM
Updated 11/05/2010, 08:40 AM

NEW YORK, Nov 5 (Reuters) - The dollar extended gains against the euro and yen on Friday after a report showed a larger-than-expected rise of 151,000 in U.S. nonfarm payrolls in October.

The euro last traded at $1.4047 on electronic trading platform EBS, down from the $1.4103 it traded at before the report.

The dollar was last at 81.38, compared with 80.91 yen prior to the data on EBS.

Analysts were forecasting a rise of 60,000 jobs in October and the unemployment rate to stay at 9.6 percent, according to a Reuters poll. . (Reporting by Nick Olivari; Editing by Theodore d'Afflisio)

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