Euro rises 1 pct vs US dollar after grim jobs data

NEW YORK, Dec 3 (BestGrowthStock) – The euro extended gains versus
the U.S. dollar to rise 1 percent on Friday as the greenback
came under broad selling pressure following a
much-weaker-than-expected U.S jobs report for November.

The euro rose as high as $1.3368 (EUR=EBS: ) on trading
platform EBS and was last at $1.3342, up 0.9 percent on the
day.

Gains in the euro accelerated after it broke above
resistance at around $1.3329, the pair’s 100-day simple moving
average.
(Reporting by Wanfeng Zhou; Editing by James Dalgleish)

Euro rises 1 pct vs US dollar after grim jobs data