Dollar falls against yen, euro as weak US jobs data clouds Fed outlook

The US dollar lost ground against key currencies due to unexpected job losses in July, raising fears about economic stability. As a result, the markets predict that the Federal Reserve will keep interest rates unchanged. Additionally, the disappointing employment figures led to…

The US dollar weakened against major currencies on Friday. Unexpected job losses in July fueled economic concerns and clouded Fed rate outlook. The unemployment rate declined, but labor force participation hit a multi-year low.