US dollar down across the board after weak jobs data

April 6, 2015 2:26 AM

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The US dollar was down across the board on Monday, having suffered a major setback against peers like the euro and yen after much weaker-than-expected US jobs data that could delay an interest rate hike by the Federal Reserve.

Friday's closely watched employment data showed US non-farm payrolls rose by 126,000 in March, the smallest gain since December 2013 and well under the 245,000 economists had forecast. On the brighter side, average hourly earnings increased 0.3 per cent.

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