Dollar in new lows versus euro, Swiss franc

The US dollar declined versus the euro once again on Friday on a report that more jobs were lost in the United States in February, but the greenback gained back some of the losses later on.

The dollar touched a new low versus the euro at $1.5459 before gaining back to $1.5361 to the euro by shortly before noon in New York, while it also dropped to a new low versus the Swiss franc at SFr1.0135 before trading at SFr1.0294 at late morning in New York.

The pound was up versus the dollar and the euro, trading at $2.0084 to the dollar and at 76.49p to the euro.

Meanwhile, the South African rand traded at R7.9985 to the greenback and at R12.272 to the euro, slightly off its highs earlier, gaining against all major currencies on the day but ending the week as a whole lower.

Story link: Dollar in new lows versus euro, Swiss franc