Job Figures Take Swipe At Dollar
The dollar finished mixed against other major currencies Friday, falling against the mark despite getting a lift late in the day after Federal Reserve Chairman Alan Greenspan denied he was planning to resign.
The dollar was under pressure most of the day, partly because of the Greenspan rumors, but also on monthly U.S. jobs figures that first were seen as encouraging for the dollar, but hurt the currency on closer inspection.
The dollar finished higher against the yen, which continued to suffer at the expense of European currencies. The dollar lost ground against the Swiss franc after the Swiss National Bank president suggested higher interest rates were possible.
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