Friday, May 4, 2007

Dollar rises broadly before U.S. payrolls data

(Reuters) - A survey showed euro zone service sector growth dipped unexpectedly in April, with Italy's index -- which hit its weakest since October 2005 -- weighing on the euro.

Thursday's data showed the U.S. services sector expanded at a faster pace than expected in April and productivity improved in the first quarter. The employment component of the services survey rose, while jobless claims fell unexpectedly in the latest week.


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