The Report On Non Farm Employment Is Favorable &Nbsp; The US Dollar Rose More Than 1% Against The Euro On Friday.

Friday morning, Beijing time, Friday

Casey, director of GFT monetary research, stressed in his report on Friday that "there is no doubt that the data helped us recover some of the recent lost territory."

By the end of the foreign exchange market, the US dollar index for tracking six major currencies was 76.60 points, or 0.94%, and the index rose to 76.639 after the announcement of the non farm employment report.

The US dollar closed to 0.7120 euros on Friday, or 1.218%.

But the euro is still close to the $1.4044 high since January.

The US dollar closed against Japanese yen at 81.34 yen, up 0.74%, and the pound fell to 0.5% against the dollar for 1.6190 dollars, also maintaining its high level since January.

The Labor Department reported on Friday that the number of non farm payrolls increased by 151 thousand people in October, far exceeding market expectations. The report also substantially revised the non farm payrolls in August and September.

However, the report also pointed out that the current unemployment rate remained at 9.6%.

Lian said, "the report is a strong signal for the recovery of the US economy."

However, the Federal Reserve released a new round of treasury bond procurement plan on Wednesday, in line with the long-term expectations of the market.

The dollar exchange rate fell this week.

Such quantitative easing measures actually raise the money supply, which is a disadvantage to the US dollar.

The dollar index fell 0.9% in a week's range, the largest weekly decline in six weeks, while the dollar index's cumulative decline was 2.7% at the end of September, when Bernanke first hinted at two rounds of quantitative easing.

The euro rose 0.7% against the dollar this week, rising 3% in three months, 1.2% in the US dollar against Japan and 2.7% in three months.

On the other hand, the escalation of Ireland's sovereign debt crisis has dragged down the recent trend of the euro.

"As the week draws to a close, the eyes of the capital market have once again turned to European banks and sovereign debt issues," said Dean Pa Penwill, chief currency strategist at dealer's Ao anda company.

He stressed, "the smell of PIIGS is missing again."

In a Friday report, analysts pointed out that the sovereign funds of many countries have made it clear that considering the budget deficit level of many European countries, they will no longer buy the bonds of these countries.

And Greece will hold local elections this weekend, and the tight fiscal measures that are being pushed forward are likely to be challenged by the opposition.

Earlier Friday, the Bank of Japan announced the latest interest rate decision.

As expected, the Bank of Japan has not changed its current interest rate.

The Bank of Japan also released details of the latest liquidity Enhancement Plan of the procurement fund.

The dollar exchange rate did not react strongly.