The dollar jumped on Friday after data showed that American employers hired more than expected in April, with wages also increasing more than economists had anticipated. Companies added 253,000 jobs, compared to economists' forecasts of an increase of 180,000. The average hourly wage rose at an annual rate of 4.4 percent, exceeding expectations of a 4.2 percent increase.
However, March's data was revised down to an increase of 165,000 jobs instead of the previously announced increase of 236,000 jobs.
In September, the dollar had fallen from its 20-year highs as investors prepared for the possibility that the Federal Reserve might be nearing the end of its tightening cycle and could start cutting interest rates if the economy continues to slow.
The dollar index reached its highest level of the session at 101.77. The euro dropped to 1.0967 dollars. The dollar surged to 135.13 yen, and the British pound increased by 0.09 percent to 1.2583 dollars.
