The dollar recorded its third consecutive week with gains around the world

The greenback rose 0.1% against the yen to reach 110.67 yen, not far from its one-year high, just below 111 yen. The euro, meanwhile, fell 0.2% to $ 1.1777.

Financial markets were closed in Australia, Singapore, Hong Kong, Britain, Europe and the United States for the Good Friday holiday. There are also operations in Argentina.

Data on Friday showed that the non-farm payroll in the United States increased by 916,000 last month, the biggest increase since August. Data for February has been revised upwards to show the creation of 468,000 jobs instead of the 379,000 previously reported.

Economists polled by Reuters had forecast an increase of 647,000 jobs in March.

“The overall strength of the labor market should be positive for the dollar,” said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington.

“The hiring explosion has shown that the economy is making some of the ‘substantial further breakthroughs’ the Federal Reserve wants to see before it walks away from its low rate policies.”

Confidence in the dollar has improved in recent weeks, and US Treasury yields have skyrocketed as the more than $ 2 trillion stimulus measures planned by President Joe Biden’s government and the rapid deployment of the vaccine against Covid-19 have fueled optimism about growth and fear of inflation.

Benchmark 10-year Treasury yields rose 1.717%, up nearly 4 basis points from the previous session.