U.S. dollar skids after disappointing jobs report

The U.S. dollar fell noticeably in late trading on Friday following the release of a weaker-than-expected jobs report.

The dollar index, which measures the greenback against six major peers, decreased 0.61 percent at 95.7275.

In late New York trading, the euro rose to 1.1362 U.S. dollars from 1.1287 dollars in the previous session, and the British pound increased to 1.3595 dollars from 1.3525 U.S. dollars in the previous session. The Australian dollar rose to 0.7184 U.S. dollar from 0.7165 dollar.

The U.S. dollar bought 115.56 Japanese yen, lower than 115.93 Japanese yen of the previous session. The U.S. dollar was down to 0.9185 Swiss franc from 0.9223 Swiss franc, and it fell to 1.2633 Canadian dollars from 1.2728 Canadian dollars.

The U.S. Labor Department reported on Friday that U.S. employers added 199,000 jobs in December, with the unemployment rate falling by 0.3 percentage point to 3.9 percent.

The job growth is far below the expectations of economists surveyed by The Wall Street Journal, which estimated a gain of 422,000 jobs. It also represented the smallest monthly gain in a year.