NEW YORK: The dollar was little changed to slightly lower, sliding from a three-month high earlier on Friday, weighed down by some of the weaker details of what was an overall strong U.S. nonfarm payrolls report for June.AdvertisementDespite a soft dollar on Friday, it was still poised to end the week on a positive note, with an 0.8per cent gain. Going into the report, the dollar traded higher on the expectation of a robust jobs number.
"We initially reacted positively to the headline, which was stronger than expected," said Vassili Serebriakov, FX strategist, at UBS in New York."And then moved a little lower because of some of the weaker details of the report, such as the higher unemployment rate and the higher bar for a positive surprise."
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