Backlink: REUTERS

The dollar edged back from a 20-year high on Friday as traders digested a report that showed the pace of hiring rose slightly more than expected in August, giving the Federal Reserve some wiggle room in how aggressively it hikes interest rates later this month.

Nonfarm payrolls rose by 315,000 jobs in August, data showed, topping the consensus forecast of 300,000 jobs by economists polled by Reuters, and marking the 20th straight month of job growth.