The U.S. dollar fell against the yen on Tuesday after the government estimated the world’s largest economy created nearly a million fewer jobs from April 2024 to March 2025, suggesting a far weaker labor market than what initial numbers showed in the 12-month period.
The greenback briefly extended losses in the wake of the payrolls revisions, but last trimmed them to trade at 147.94 yen, still down 0.3% on the day.
The dollar gained against other currencies, meanwhile, recovering from Monday’s losses as investors braced for the U.S. consumer prices index data on Thursday.
Gertrude Chavez-Dreyfuss | Yahoo Finance