Dollar Tumbles After Surprisingly Weak Jobs Report

By Joseph AdinolfiMarketsMarketWatch Pulse

The dollar weakened Friday against its main rivals after official data showed jobs growth decelerated last month to its weakest level since late 2010. The euro surged to $1.1348 after the data, its highest level in about two weeks, up from $1.1156 earlier. The dollar fell to 107.87 yen -- its weakest level in nearly a month -- compared with 108.82 before the data. The pound climbed to $1.4523, compared with $1.4430 shortly beforehand.

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