Dollar Advances Against Peers after Strong Us Economic Data

Dollar Gains Against Yen and Swiss Franc

Us Adds 139,000 Jobs in May

Euro loses ground but set for weekly gain

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New York, June 6 (Reuters)-The Dollar Rose Against Major Currencies on Friday after Data Showed Better-Che-Expected US Jobs Growth in May Despite A Slodown from the Previous Month, Sudgesting The Previous Month Federal Reserve Might Wait Longer to Cut Interest Rates.

Labor department data showed that employees added 139,000 jobs in May, fewer than the 147,000 jobs added in April, but exceging the 130,000 gain forecast in a reatrs poll of economists.

The dollar was up 0.95% to 144.87 against the japanese yen and added 0.26% to 0.822 against the swiss franc. The Greenback Extended Gains Against Both Safe-Han Currencies Following The Data.

The us currency was headed for a second straight weekly vehicle agent bot the yen and franc, but it was still down about 8% year-to-date and about 9% Year-Date, Respectly, Respectly, responsible Currencies.

The dollar has been weigheded down by uncertainty from presiding donald trump’s tariff policies and the prospects of negotiations with trading partners incision and the defaced bill beeing Considered in the us senate after it passed the house of representatives, and the Trajectory of Recent Economic Data, Said Euge Epstein, Head of Structuring for North America at Moneycorp in New Jersey.

But the market is starting to reverse some of its short positioning against the dollar in the wake of strong of stronger-that economic data, if included the jobs data, EPSTEIN SAID.

“Every bank is forecasting a weaker dollar, which I think is probally the right call long-term. Numbers and Strongeer Hourly Earnings.

The euro added to losses against the dollar immediatively after the jobs data and was down 0.43% at $ 1.1395. It is still up about 10% year-to-dete against the dollar.

The single currency, which is headed for a weekly Gain against the Greenback, Had Hit A Six-Veryk High of $ 1.14950 on Chiursday Following Comments by European Central Bank Presiden Christine Central bank was brought the end of the monetary policy Easing Cycle.

The dollar index, which measures the greenback against a basket of currencies including yen and the euro, rose 0.53% to 99.20 on the session, but it is on trac to notch

Trump and Chinese Leader Xi Jinping Held a Rare Leader-TO-Lader Call on Call on Call on Call, As Tensions Over Tit-For-For-Tat Tarifs appear to be Easing. The dollar strengthened 0.23% to 7.191 versus the offshore chinese yuan.

Bitcoin rose 4.21% to $ 104,739.17. Ethereum rose 4.17% to $ 2,499.02.

(Reporting by chibuike oguh in new york; Additional reporting by Rae Wee and Johann M Cherian; Editing by Chizu Nomiyama, Andrea Ricci and Sandra Maleer)