The dollar showed modest strength against the euro on Friday, staying near a monthly high after official data revealed solid U.S. jobs gains in March.
The Labor Department said U.S. non-farm payroll employment rose by 192,000 jobs and unemployment rate stayed at 6.7 percent.
The jobs numbers may heighten speculation that the Federal Reserve will wind down its stimulus program by year’s end.
“The U.S. economy continues to create jobs at a good but not great pace that we should be seeing this far into the recovery,” Peter Boockvar, managing director at the Lindsey Group, said.
He added, “It is good enough however for the Fed to continue its taper, especially again at month end, but not good enough we believe to get the 3%+ GDP growth rate that we all hope for.”
The buck was steady at $1.37 versus the euro, having bounced between $1.367 and $1.373 over the course of the session.
Positive German manufacturing data gave the euro a bit of a lift in very early deals.
Germany’s factory new order growth exceeded expectations on robust domestic demand in February, official data showed Friday.
Factory orders advanced 0.6 percent from the previous month, Destatis said.
Meanwhile, the dollar nudged up slightly to $1.6560 versus the sterling.
A multi-month high of Y104 versus the yen was short-lived. The pair was back to Y103.30 by mid-day.



The new Zune browser is surprisingly good, but not as good as the iPod’s. It works well, but isn’t as fast as Safari, and has a clunkier interface. If you occasionally plan on using the web browser that’s not an issue, but if you’re planning to browse the web alot from your PMP then the iPod’s larger screen and better browser may be important.
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The new Zune browser is surprisingly good, but not as good as the iPod’s. It works well, but isn’t as fast as Safari, and has a clunkier interface. If you occasionally plan on using the web browser that’s not an issue, but if you’re planning to browse the web alot from your PMP then the iPod’s larger screen and better browser may be important.
Hands down, Apple’s app store wins by a mile. It’s a huge selection of all sorts of apps vs a rather sad selection of a handful for Zune. Microsoft has plans, especially in the realm of games, but I’m not sure I’d want to bet on the future if this aspect is important to you. The iPod is a much better choice in that case.
Apple now has Rhapsody as an app, which is a great start, but it is currently hampered by the inability to store locally on your iPod, and has a dismal 64kbps bit rate. If this changes, then it will somewhat negate this advantage for the Zune, but the 10 songs per month will still be a big plus in Zune Pass’ favor.
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The iPad is the place tablet notebooks are heading. It can replace most netbooks.
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This is getting a bit more subjective, but I much prefer the Zune Marketplace. The interface is colorful, has more flair, and some cool features like ‘Mixview’ that let you quickly see related albums, songs, or other users related to what you’re listening to. Clicking on one of those will center on that item, and another set of “neighbors” will come into view, allowing you to navigate around exploring by similar artists, songs, or users. Speaking of users, the Zune “Social” is also great fun, letting you find others with shared tastes and becoming friends with them. You then can listen to a playlist created based on an amalgamation of what all your friends are listening to, which is also enjoyable. Those concerned with privacy will be relieved to know you can prevent the public from seeing your personal listening habits if you so choose.