Dollar gained against the euro as the US jobless figures dropped larger-than-expected, which raised concerns about the currency.
Another 467,000 people joined the queue for work last month, far more than the 365,000 predicted. The unemployment rate rose for the ninth month in a row to 9.5%, pretty much matching expectations.
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Concerns about the economy pushed investors to the safety of the dollar.
The euro was down against the dollar after the ECB kept interest rates on hold. Afterwards ECB president Jean-Claude Trichet’s comments suggested interest rates will remain at a record low for the coming months.
Meanwhile, unemployment in the eurozone rose to a 10-year high of 9.5% in May from 9.3% in the previous month as another 273,000 people lost their jobs in the period.
