U.S. Dollar Under Pressure

The U.S. dollar nursed broad losses early on Monday after surprisingly soft employment data raised doubts about how quickly the Federal Reserve can scale back stimulus.

Disappointing British and Canadian data on Friday also undermined both sterling and the loonie, leaving the euro, yen and Antipodean currencies among the best performers.

The dollar index last traded at 80.630, having fallen 0.4 percent on Friday after data showed U.S. employers hired the fewest workers in nearly three years in December.


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