FT: Dollar rises as jobs boost dents QE3 speculation
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The dollar strengthened on Friday after US data showed a larger than expected rise in jobs last month, which investors interpreted as a positive signal on the US economy.
The US currency rose against the euro, the pound and the yen as investors speculated that the positive signal on the US economy would lessen the chance of a further round of quantitative easing.
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The dollar strengthened on Friday after US data showed a larger than expected rise in jobs last month, which investors interpreted as a positive signal on the US economy.
The US currency rose against the euro, the pound and the yen as investors speculated that the positive signal on the US economy would lessen the chance of a further round of quantitative easing.
