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U.S. dollar gains against euro amid upbeat job data

NEW YORK
2015-10-01 05:00

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The U.S. dollar rose against euro as job data of the country came in better-than-expected.

On the economic front, U.S. private sector employment increased by 200,000 jobs from August to September, beating market consensus of 190,000, according to the September ADP National Employment Report Wednesday.

The ADP figure is watched closely as a pre-indicator for the nonfarm payrolls report due Friday. Meanwhile, the Chicago Business Barometer declined 5.7 points to 48.7 in September, well below market estimates, according to the ISM-Chicago Business Survey Wednesday.

In late New York trading, the euro lost to 1.1175 dollars from 1.1258 dollars of the previous session, and the British pound decreased to 1.5127 dollars from 1.5162 dollars.

The Australian dollar went up to 0.7015 dollars from 0.6981 dollars. The dollar bought 119.90 Japanese yen, higher than 119.63 yen of the previous session.

The dollar moved up to 0.9741 Swiss francs from 0.9710 Swiss francs, and it moved down to 1.3338 Canadian dollars from 1.3426 Canadian dollars.

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