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FOREX-Dollar drops as employers add fewer jobs than expected in July
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FOREX-Dollar drops as employers add fewer jobs than expected in July
Aug 1, 2025 5:48 AM

NEW YORK, Aug 1 (Reuters) - The dollar fell broadly on

Friday after data showed that employers added fewer jobs in July

than economists had expected, while the unemployment rate moved

higher in line with expectations.

Employers added 73,000 jobs last month, below the 100,000

expected by economists polled by Reuters. The unemployment rate

edged higher to 4.2%, as anticipated, up from 4.1% in June.

The dollar index, which measures the greenback

against a basket of currencies including the yen and the euro,

was last down 0.67% on the day at 99.35, with the euro up

0.8% at $1.1506. Against the Japanese yen, the dollar

weakened 0.92% to 149.38.

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