Euro falls as risk aversion rises after US jobs data
NEW YORK, June 3
NEW YORK, June 3 (Reuters) - The euro fell to session lows against the dollar on Friday as risk aversion increased following a weaker-than-expected U.S. jobs report for May.
The euro fell as low as $1.44501 EUR=EBS after trading at a one-month high earlier in the session at $1.45314. It was last at $1.44690, down 0.1 percent.
"This (jobs report)... has the potential to turn into a broader bout of risk aversion that could actually make the dollar stronger," Paresh Upadhyaya, head of G10 Fx strategy for the Americas, at bank of America-Merrill Lynch, in New York.
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