Greenback down as US monetary balance gets hard to hold

10.06.2021

The dollar fell on Friday after U.S. nonfarm payrolls data showed hiring increased in May as the pandemic eased, but not as much as expected, tempering expectations the Federal Reserve will tighten monetary policy sooner, rather than later.

Nonfarm payrolls increased by a solid 559,000 jobs last month, helped by higher COVID-19 vaccination...