Dollar rises after stronger-than-expected US jobs report; pares losses vs yen

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The yen fell against the dollar after staging its biggest rally in almost a year the day before

Hannah Lang in Washington and Amanda Cooper in London, Reuters News

December 8, 2023

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WASHINGTON/LONDON - The dollar rose on Friday after the latest U.S. nonfarm payrolls report came in stronger than expected, with U.S. employers adding 199,000 jobs in November.

The yen fell against the dollar after staging its biggest rally in almost a year the day before.

The U.S. dollar index was last up 0.43% at 104.13. The yen was 0.55% lower against the dollar at 144.955.

(Reporting by Hannah Lang in Washington and Amanda Cooper in London; Additional reporting by Rae Wee in Singapore; Editing by Kim Coghill and Mark Potter)

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