U.S. dollar rises as risk appetite improves

T TV Thursday 07/November/2019 09:06 AM
By: Times News Service

The U.S. dollar rose in late trading on Monday as upbeat U.S. non-farm payrolls report led to higher risk appetite.

U.S. employers added 128,000 jobs in October, the U.S. Bureau of Labor Statistics reported on Friday.

The reading topped the 75,000 forecast of economists surveyed by MarketWatch.

Job gains mainly occurred in food services and drinking establishments, social assistance, and financial activities, the report showed.

The dollar index, which measures the greenback against six major peers, increased 0.32 percent at 97.5571 in late trading.