THE US dollar was unable to sustain above-the-90 mark, down 0.4% to 89.751, triggered by disappointing March non-farm payroll data, which only added 103,000 jobs from 326,000 jobs in February, and clouded by trade concerns, which later eased.
The dollar failed to gain some ground despite optimism in US Fed minutes (released early Thursday morning) pointing to firmer growth and inflation (core inflation rate was 2.1% year-on-year or y-o-y in March, up from 1.8% y-o-y previously) as it was overshadowed by geopolitical issues in relation to Syria and the chemical attack in Douma, which spread risk-off sentiments like a virus.
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