Summary Dollar firmed slightly against other major currencies except for the euro in quiet trade Monday.
NEW YORK (AFP) - The dollar firmed slightly against other major currencies except for the euro in quiet trade Monday, the eve of a US federal government holiday.
Traders continued to digest Friday s mixed US jobs report for October, analysts said. Though the unemployment rate dipped a notch to 5.8 percent, its lowest level in six years, job growth of 214,000 payrolls came in below the 235,000 estimate.
"Overall, the (jobs) number gave investors a reason to take profits and pause after sending the dollar to a four-and-a-half-year trade-weighted high last week," said Omer Esiner of Commonwealth Foreign Exchange.
No major US economic data was released in the first day of a data-light calendar week. The bond market will be closed Tuesday in observance of the Veterans Day holiday, while stock markets will be open.
The euro was higher despite a 0.9 percent contraction in Italian industrial production.
"The euro caught a modest break in cooler US hiring, which prompted many in the market to cash in profit on the greenback s steady outperformance," said Joe Manimbo of Western Union Business Solutions.
