The US dollar fell to its lowest level in nine months

The US dollar fell to its lowest level in nine months

The US dollar fell against the major currencies to its lowest level in nine months, and the main dollar index, which measures the performance of the US currency against 6 major currencies, fell to 101.03, the lowest level since April 22. The euro rose against the US dollar to $1.10020, the highest level since April 4, and the US dollar fell against the Japanese yen to 128.55, the lowest level since January 20. The pound also rose against the US dollar by 0.60% to $1.23910.

The ADP National Employment Report showed that the US private sector added 106,000 jobs in January, compared to 253,000 jobs in December, much lower than expected, due to bad weather, including floods in California.