The dollar fell against most major world currencies Friday after the government revealed dismal jobs numbers, although the greenback regained some composure after an initial selloff.
In U.S. trading on Friday, EUR/USD was trading up 0.32% at 1.2406.
In the U.S., the Bureau of Labor Statistics reported earlier that the economy added a net 69,000 net nonfarm payrolls in May, far below expectations for a gain of around 150,000.
The unemployment rate rose to 8.2% from 8.1%.
The jobs data sparked widespread talk the Fed will consider stimulating the economy via monetary easing measure to ensure price stability and more optimal employment conditions at the expense of the dollar's strength.
Weak manufacturing data sent the greenback falling as well.
The Institute for Supply Management reported that its national factory activity index dropped to 53.5 in May from 54.8 in April, just missing expectations for 53.9.
The dollar has strengthened in recent sessions amid growing European uncertainty, and Friday's jobs report made the currency ripe for profit taking.
However, sentiment the European debt crisis won't be overshadowed by poor U.S. jobs numbers sent the greenback reversing some of its losses.
The eurozone unemployment rate reached 11% in April and March, the highest since recordkeeping began in 1995.
Weak manufacturing data out of China and from across Europe continued to bring in bargain hunters and ease the greenback selloff.
The greenback was up against the pound, with GBP/USD down 0.21% and trading at 1.5374.
The U.S. currency was down against the yen, with USD/JPY trading down 0.22% at 78.14, and down against the Swiss franc, with USD/CHF trading down 0.61% at 0.9654.
The dollar was mixed against its cousins in Canada, Australia and New Zealand, with USD/CAD up 0.60% at 1.0389, AUD/USD down 0.36% at 0.9699 and NZD/USD up 0.07% at 0.7543.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.35% at 82.90.
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