Friday, September 05, 2008

Greenback drifts lower versus majors amid August non-farm payrolls report, Friday, September 05, 2008 8:40:22 AM

The US dollar staged a sharp fall against its major opponents in the early New York session on Friday, following the release of non-farm payrolls report for August. The dollar declined to a new multi-week low of 105.55 against the yen by 8:32 am ET, compared to yesterday`s close of 107.10. The greenback also ticked down to 1.1094 against the franc, 1.4301 versus the euro and 1.7686 versus the pound during this time.


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