NEW YORK (AP) — The dollar turned lower against the euro as traders digested a weak U.S. jobs report after the Easter holiday.
On Friday, the Labor Department said the U.S. economy added 120,000 jobs in March, down from more than 200,000 in each of the previous three months. Economists expected 210,000 jobs to be added last month.
The dollar rose against the euro Monday morning but fell in the afternoon. The euro rose to $1.3116 late Monday from $1.3095 late Friday.
Currency trading is light Monday because many traders are still off for the Easter holiday. The Frankfurt, Paris, London and Hong Kong stock markets were closed Monday. The U.S. stock market was closed on Friday.
In other trading, the British pound rose to $1.5902 from $1.5885. The dollar fell to 0.9164 Swiss franc from 0.9172 Swiss franc and to 99.65 Canadian cents from 99.71 Canadian cents.
The dollar rose to 81.66 Japanese from 81.59 yen.