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Dollar gains, Japan shares rise on upbeat U.S. jobs data

From reuters.com

Japanese shares rose on Monday and the dollar hit a three-year high against a basket of major currencies after U.S. job creation accelerated in June, signaling growth in the world's largest economy is gathering momentum. U.S. employers added 195,000 new jobs to their payrolls last month, beating expectations of 165,000. Adding to the positive sentiment, the figures for April and May were revised up by a combined 70,000. The unemployment rate held steady at 7.6 percent as more people entered the workforce. The stronger-than-expected jobs growth increases the likelihood that the U.S. Federal Reserve will begin scaling ... (full story)

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