The announcement follows a difficult spell for the royal family after both Charles and his daughter-in-law Catherine, revealed that they had cancer
U.S. employers added 115,000 workers last month, well below expectations of 170,000, but the unemployment rate still fell to 8.1 percent and jobs growth data in previous months was revised upwards. For details, see
The disappointing headline reading will likely compound fears that the U.S. economy is losing momentum and fuel expectations of a third round of quantitative easing by the Federal Reserve.
“While certainly disappointing, today’s employment report does have a silver lining - a drop in the unemployment rate with upward historical revisions,” said Michael Woolfolk, senior currency strategist at BNY Mellon in New York.
“Nonetheless, the headline disappointment increases the likelihood that (Fed Chairman Ben) Bernanke will move forward with QEIII later this summer in an attempt to further bolster employment growth,” he said.
In early New York trading, the dollar fell 0.2 percent to 80.06 yen. It hit a session low of 79.95 yen immediately after the release of the jobs data, before bouncing back to a session high of 80.35 yen.
The euro was little changed at $1.3153.
The euro earlier came under pressure after a survey showed the euro zone services sector contracted much more than initially thought in April, with particularly weak figures out of Italy and Spain.
Investors were cautious ahead of weekend elections in France and Greece, the results of which may stir doubts about the countries’ commitment to fiscal austerity.
Market participants fear that parties which disagree with Europe’s focus on fiscal discipline will gain sway.
The announcement follows a difficult spell for the royal family after both Charles and his daughter-in-law Catherine, revealed that they had cancer
It reiterated that pilgrims require a Haj visa and it can be obtained through recognised official channels
The 18-year-old was taken to hospital in a serious condition
The brothers, who say they are innocent, are accused of having formed an organised criminal network in early 2021 in Romania, as well as in the US and Britain
The left-handed batter scored 3369 runs in 136 one-day internationals and 2893 in 140 Twenty20 internationals — both Pakistan records
Food supplies were distributed to 80 households
On January 31, a heart was airlifted from Delhi to Chennai, paving the way for Ayesha Rashid's life-saving surgery
The online retailer, which is headquartered in Singapore, has said it has around 108 million monthly active users in the 27-nation EU