Dollar mixed after US jobs report

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Associated Press

Posted on October 5, 2012 at 2:00 PM

Updated Friday, Oct 5 at 2:03 PM

NEW YORK (AP) — The dollar is trading mixed against other currencies after the unemployment rate fell to its lowest level in nearly four years last month.

The Labor Department says that the unemployment rate fell to 7.8 percent in September, down from 8.1 percent in August. That's the lowest rate since January 2009. Employers added 114,000 jobs in September.

The euro rose to $1.3036 in afternoon trading from $1.3018 late Thursday.

The British pound fell to $1.6166 from $1.6185.

The dollar rose to 78.68 Japanese yen from 78.50 yen.

Canada also posted its own positive jobs report Friday. Canadian employers added 52,100 jobs in September, more than economists expected. The dollar fell to 97.77 Canadian cents from 98.07 Canadian cents.

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