U.S. dollar falls despite stunning jobs additions
NEW YORK, Oct. 6 (Xinhua) -- The U.S. dollar lost in late trading on Friday, despite U.S. job gains being far higher than expected and above August's total of 227,000.
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NEW YORK, Oct. 6 (Xinhua) -- The U.S. dollar lost in late trading on Friday, despite U.S. job gains being far higher than expected and above August's total of 227,000.
The US will likely need higher interest rates to keep inflation under control and nearer to the Fed’s target of 2% per annum, policymakers at the Federal Reserve said ahead of a decision on rates by the central bank next month.
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