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The dollar bounced off two-year lows and a gauge of global equity markets stopped marching toward a record high on Friday, as slightly better-than-expected data on U.S. job growth in July also snapped big rallies in gold and the euro.

A U.S. Labor Department report showed employment growth slowed considerably from June amid a surge in COVID-19 cases. Though the job numbers topped expectations, the report highlighted the need for the White House and Congress to reach an agreement on a new stimulus bill.

The U.S. dollar traded at 93.350 against a basket of its peers, climbing from levels around 92.800 in the previous week.

The dollar index rose 0.662%, with the euro down 0.8% to $1.178. The Japanese yen weakened 0.37% versus the greenback at 105.93 per dollar.

Reference: CNBC