For more Forex news & info, please visit http://ufx.co/UFXM-youtube... The US Dollar rose against the Euro after employers in the US added more jobs than forecast, decreasing speculation that the Federal Reserve will add another round of asset purchases to support growth. In the USA, Non-farm Payrolls rose by 243,000 after a revised 203,000 gain in December and the unemployment rate decreased to 8.3 percent. Data coming out of the USA this year has signaled that the US economy is recovering at an increasing pace. The Institute for Supply Management reported that manufacturing rose in January, at the quickest pace in seven months. Consumer confidence grew last month to its highest level in almost a year, according to an index published by Thomson Reuters/University of Michigan.
