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U.S. dollar slips against euro amid possible ECB rate-hikes
                 Source: Xinhua | 2017-03-11 05:56:07 | Editor: huaxia

NEW YORK, March 10 (Xinhua) -- The U.S. dollar ended lower against euro on Friday as European Central Bank (ECB) had reportedly discussed the possibility of raising interest rates in the future.

Some ECB policymakers had suggested lifting rates from their current record lows before the end of its quantitative easing program, according to Reuters on Friday.

The shared currency rose as high as 1.0670 against the greenback after the report, the highest level since mid-February. The dollar index, which measures the greenback against six major peers, was down 0.49 percent at 101.350 in late trading.

On the economic front, U.S. total nonfarm payroll employment increased by 235,000 in February, well above market consensus of 188,000, the Labor Department announced Friday. The unemployment rate was little changed at 4.7 percent in February.

In late New York trading, the euro rose to 1.0686 dollars from 1.0590 dollars in the previous session, and the British pound fell to 1.2171 dollars from 1.2185 U.S. dollars in the previous session. The Australian dollar increased to 0.7541 U.S. dollar from 0.7506 U.S. dollar.

The U.S. dollar bought 114.83 Japanese yen, higher than 114.79 yen of the previous session. The U.S. dollar climbed to 1.0097 Swiss francs from 1.0094 Swiss francs, and it edged down to 1.3462 Canadian dollars from 1.3510 Canadian dollars. Enditem

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U.S. dollar slips against euro amid possible ECB rate-hikes

Source: Xinhua 2017-03-11 05:56:07

NEW YORK, March 10 (Xinhua) -- The U.S. dollar ended lower against euro on Friday as European Central Bank (ECB) had reportedly discussed the possibility of raising interest rates in the future.

Some ECB policymakers had suggested lifting rates from their current record lows before the end of its quantitative easing program, according to Reuters on Friday.

The shared currency rose as high as 1.0670 against the greenback after the report, the highest level since mid-February. The dollar index, which measures the greenback against six major peers, was down 0.49 percent at 101.350 in late trading.

On the economic front, U.S. total nonfarm payroll employment increased by 235,000 in February, well above market consensus of 188,000, the Labor Department announced Friday. The unemployment rate was little changed at 4.7 percent in February.

In late New York trading, the euro rose to 1.0686 dollars from 1.0590 dollars in the previous session, and the British pound fell to 1.2171 dollars from 1.2185 U.S. dollars in the previous session. The Australian dollar increased to 0.7541 U.S. dollar from 0.7506 U.S. dollar.

The U.S. dollar bought 114.83 Japanese yen, higher than 114.79 yen of the previous session. The U.S. dollar climbed to 1.0097 Swiss francs from 1.0094 Swiss francs, and it edged down to 1.3462 Canadian dollars from 1.3510 Canadian dollars. Enditem

[Editor: huaxia ]
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