Dollar pressured on prospect for new Fed easing

Dollar pressured on prospect for new Fed easing
Yen’s gyrations trigger Bank of Japan intervention rumors
NEW YORK (MarketWatch) — The dollar declined against the euro and other major currencies in a volatile Friday session as much weaker-than-expected growth in U.S. nonfarm payrolls raised the chance that the Federal Reserve will take action.
The dollar had been up before the data, keying off a round of lackluster manufacturing surveys from China and the euro zone, but was somewhat offset by an improvement in European government bond markets. http://www.marketwatch.com/story/dollar-resum...2012-06-01