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    (New throughout, updates prices, market activity and comments, adds bitcoin, ethereum)

    The dollar fell against a basket of major currencies on Wednesday after a report on the U.S. labor market missed expectations by a wide margin, while the euro climbed to a one-month high on inflation worries.

    The greenback fell after the ADP National Employment Report showed private payrolls rose by 374,000 in August, up from 326,000 in July but well short of the 613,000 forecast. A report on weekly initial jobless claims arrives on Thursday and on Friday the government releases the payrolls report for August, which could provide clues about the Federal Reserve's policy path.

    "Certainly the recovery has been uneven but if nonfarm payrolls should also disappoint, that would seemingly close the door to an imminent taper and keep the dollar in a bit of a funk," said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington DC.

    The dollar has been under pressure since Friday, when Fed Chair Jerome Powell said at the Jackson Hole conference that while tapering could begin this year, the central bank was in no hurry to raise interest rates.

    Concerns about rising COVID-19 cases denting the economic rebound could also serve to keep the central bank from scaling back stimulus.

    Other data showed U.S. manufacturing activity increased more than anticipated in August, but a measure of employment in factories fell to a nine-month low, likely due to a shortage of workers.

    The dollar index =USD fell 0.203% and hit a new one-month low of 92.376. The euro rose against the greenback to a one-month high as inflation worries persisted following data on Tuesday which showed euro zone inflation increased to 3% year-on-year in August, the highest in a decade and above the European Central Bank's 2% target, as well as the 2.7% Reuters forecast.

    The euro EUR= was up 0.3% to $1.1843, after rising to as much as 1.1857, its highest level since Aug. 5.

    "We have seen numbers that argue against keeping policy so low for so long and that has been helping the euro... it is certainly going to heighten the focus on the QE debates next week when we hear from the ECB," said Manimbo.

    German Bundesbank President Jens Weidmann said euro zone inflation risks overshooting ECB projections and the central bank should prepare for the end of its 1.85 trillion euro Pandemic Emergency Purchase Program (PEPP).

    The ECB is scheduled to hold a policy meeting on Sept. 9. The Japanese yen strengthened 0.04% versus the greenback at 109.97 per dollar, while sterling GBP= was last trading at $1.3773, up 0.14% on the day.

    In cryptocurrencies, Bitcoin BTC=BTSP last rose 2.9% to $48,521.68 while Ethereum ETH=BTSP last rose 8.18% to $3,713.24. Ether rose as high as $3,791.28 on the day, its highest level since May 16.

    	======================================================== 
    	Currency bid prices at 3:18PM (1918 GMT) 
    
     Description	  RIC		 Last		   U.S. Close  Pct Change	 YTD Pct	   High Bid	Low Bid 
    											  Previous				   Change					
    											  Session											  
     Dollar index	  =USD	   92.4620		92.6620	 -0.20%		 2.757%		+92.7900	+92.3760 
     Euro/Dollar	   EUR=EBS	$1.1844		$1.1809	 +0.30%		 -3.06%		+$1.1857	+$1.1794 
     Dollar/Yen		JPY=EBS	109.9850	   109.9950	+0.00%		 +6.45%		+110.4150   +109.8800 
     Euro/Yen		  EURJPY=	130.25		 129.88	  +0.28%		 +2.62%		+130.4400   +129.8900 
     Dollar/Swiss	  CHF=EBS	0.9149		 0.9153	  -0.02%		 +3.44%		+0.9189	 +0.9140 
     Sterling/Dollar   GBP=D3	 $1.3773		$1.3756	 +0.13%		 +0.82%		+$1.3797	+$1.3732 
     Dollar/Canadian   CAD=D3	 1.2616		 1.2614	  +0.02%		 -0.93%		+1.2637	 +1.2581 
     Aussie/Dollar	 AUD=D3	 $0.7369		$0.7314	 +0.75%		 -4.21%		+$0.7384	+$0.7308 
     Euro/Swiss		EURCHF=	1.0837		 1.0806	  +0.29%		 +0.28%		+1.0850	 +1.0807 
     Euro/Sterling	 EURGBP=	0.8599		 0.8582	  +0.20%		 -3.78%		+0.8602	 +0.8574 
     NZ				NZD=D3	 $0.7067		$0.7050	 +0.23%		 -1.61%		+$0.7077	+$0.7034 
     Dollar/Dollar																					 
    
     Dollar/Norway	 NOK=D3	 8.6905		 8.6915	  -0.01%		 +1.21%		+8.7100	 +8.6690 
     Euro/Norway	   EURNOK=	10.2940		10.2636	 +0.30%		 -1.65%		+10.2996	+10.2460 
     Dollar/Sweden	 SEK=	   8.6089		 8.6237	  +0.09%		 +5.03%		+8.6465	 +8.5927 
     Euro/Sweden	   EURSEK=	10.1959		10.1870	 +0.09%		 +1.19%		+10.2070	+10.1825 
    	<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 
    World FX rates	https://tmsnrt.rs/2RBWI5E 
    
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