U.S. Dollar Index Little Lower, Non-Farm Payrolls Rise by 235,000

The June U.S. Dollar Index is trading at 101.60, down 0.11. The U.S. dollar index is trading rangebound. The U.S. Bureau of Labor Statistics (BLS) reported that February U.S. unemployment fell to 4.7 percent versus 4.8 percent in January and 235,000 jobs were created versus 238,000 in January. The February participation rate rose to 63 percent from 62.9 percent. U.S. average hourly earnings rose 0.2 percent during February versus a rise of 0.2 percent in January and hours worked per week was unchanged at 34.4. Government payrolls rose by 8,000 versus a rise of 17,000 in January. Manufacturing payrolls rose by 28,000 workers versus a rise of 11,000 in January.