FOREX-Dollar falls after strong U.S. jobs data

* U.S. economy creates 4.8 mln jobs
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh

(Recasts, adds U.S. jobs data, updates prices, changes byline, dateline; previous LONDON)
By Gertrude Chavez-Dreyfuss
NEW YORK, July 2 (Reuters) – The U.S. dollar fell on Thursday after data showing the world’s largest
economy defying expectations for a second month in a row, creating jobs in June at a far faster pace than
market forecasts.
Data showed that U.S. nonfarm payrolls increased by 4.8 million jobs in June, the most since the
government started keeping records in 1939. Payrolls rebounded 2.699 million in May. Economists polled by
Reuters had forecast payrolls increasing by 3 million jobs in June.
The report further diminished the dollar’s appeal as a safe haven
The dollar index slid 0.2% to 96.96, as the euro rose 0.3% versus the greenback to $1.1279
.
The dollar, however, gained 0.1% against the yen to 107.56.

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Currency bid prices at 8:57AM (1257 GMT)
Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid
Previous Change
Session
Euro/Dollar EUR= $1.1274 $1.1250 +0.21% +0.57% +1.1302 +1.1248
Dollar/Yen JPY= 107.5800 107.4600 +0.11% -1.18% +107.5800 +107.3400
Euro/Yen EURJPY= 121.30 120.90 +0.33% -0.53% +121.4300 +120.7700
Dollar/Swiss CHF= 0.9441 0.9457 -0.17% -2.45% +0.9464 +0.9427
Sterling/Dollar GBP= 1.2502 1.2470 +0.26% -5.71% +1.2529 +1.2462
Dollar/Canadian CAD= 1.3569 1.3585 -0.12% +4.49% +1.3611 +1.3564
Australian/Doll AUD= 0.6926 0.6914 +0.17% -1.35% +0.6943 +0.6905
ar
Euro/Swiss EURCHF= 1.0646 1.0640 +0.06% -1.90% +1.0661 +1.0639
Euro/Sterling EURGBP= 0.9015 0.9018 -0.03% +6.64% +0.9032 +0.9006
NZ NZD= 0.6522 0.6475 +0.73% -3.18% +0.6536 +0.6475
Dollar/Dollar
Dollar/Norway NOK= 9.4690 9.5133 -0.47% +7.88% +9.5302 +9.4396
Euro/Norway EURNOK= 10.6782 10.7025 -0.23% +8.54% +10.7260 +10.6480
Dollar/Sweden SEK= 9.2847 9.3064 -0.03% -0.67% +9.3157 +9.2378
Euro/Sweden EURSEK= 10.4685 10.4716 -0.03% +0.00% +10.4800 +10.4313

(Reporting by Gertrude Chavez-Dreyfuss; Editing by Andrea Ricci)

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