The euro fell against the dollar to the lowest point since mid-August on Friday, following the nonfarm payrolls report for September. The data showed the United States economy added 254,000 jobs last month, roughly double the analysts' forecast. The release should calm some fears about the weakening of the labor market and provide the Federal Reserve some room for maneuvering at the next monetary policy meetings.
The euro traded 0.61% lower compared to the dollar and went for 1.09628 at 9:04 am ET.
