U.S. Dollar Higher after Jobs Data

The dollar started trade in Asia at one-week highs on Friday, having shown competitors a clean pair of heels after surprisingly strong U.S. jobs growth added to hopes the economy is pulling out of a first quarter slump.

The dollar index climbed as far as 80.315 after U.S. employers blew away most forecasts by adding 288,000 jobs last month. It was last at 80.218, well off an eight-week trough of 79.740 plumbed earlier in the week.

Against the yen, the greenback rose to its highest in over two weeks at 102.27. It was up 0.8 percent so far this week, on track for its best performance in 2-1/2 months.

CNBC

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