Following the release of U.S. nonfarm payrolls for March at 8.30 am ET Friday, the greenback dropped against its major rivals.

The greenback was trading at 1.2246 against the euro, 1.4026 against the pound, 107.20 against the yen and 0.9637 against the franc around 8:34 am ET.

Sterling vs US Dollar (FX:GBPUSD)
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