NEW YORK, Aug. 4 (Xinhua) -- The U.S. dollar dipped on Friday, in response to the disappointing non-farm payrolls report for July, which fell short of expectations.
The dollar index, which measures the greenback against six major peers, fell 0.52 percent to 102.0145 in late trading.
The U.S. Bureau of Labor Statistics (BLS) reported on Friday an increase of 187,000 jobs, which fell short of the market's expected 200,000.
The BLS also revised the figures for May and June, lowering the job gains for those months to 281,000 and 185,000, respectively.
U.S. Treasury yields pulled back from multi-month highs after the release of the report.
The weaker-than-expected non-farm payrolls data showed that high interest rates have started to put pressure on the job market, which might be bullish for bonds as the Federal Reserve may be less hawkish at the next meeting.
However, in an interview with Bloomberg on Friday, Chicago Federal Reserve Bank President Austan Goolsbee noted that the July non-farm payrolls report "is pretty much what we expect," and "question should be: how long are we going to stay at these levels, not about when the next hike will be."
Despite the disappointing euro area retail sales report, which revealed a 0.3 percent month-over-month decline in June, the European currency remained unaffected and did not face any downward pressure.
In late New York trading, the euro was up to 1.1009 U.S. dollars from 1.0944 dollars in the previous session, and the British pound was up to 1.2754 U.S. dollars from 1.2701 dollars.
The U.S. dollar bought 141.8580 Japanese yen, lower than 142.7030 Japanese yen of the previous session. The U.S. dollar fell to 0.8727 Swiss francs from 0.8751 Swiss francs, and it rose to 1.3379 Canadian dollars from 1.3354 Canadian dollars. The U.S. dollar decreased to 10.5834 Swedish krona from 10.7100 Swedish krona. ■
