NEW YORK (Reuters) -- The U.S. dollar fell sharply against major peers on Friday after a crucial jobs data showed that American employers hired fewer-than-expected workers as the labor market weakens, which likely guarantees a Federal Reserve interest rate cut.
Currencies
Yen strengthens against dollar after US jobs data disappoints
Weakening American labor market points to upcoming interest rate cut by Federal Reserve
The dollar weakened 0.77% to 147.34 against the yen on Sept. 5. © Reuters
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