Dollar trades lower after so-so June jobs report

The dollar traded lower Thursday after the June jobs report revealed that the pace of employment growth has been lower than it was a year ago, even as the labor market has recovered from its first-quarter slump.

The ICE U.S. Dollar Index DXY, -0.03% which measures the dollar’s strength against six rival currencies with the euro most heavily weighted, was down 0.2% to 96.1150 after the data.

The euro EURUSD, +0.0812%  traded at $1.1082, from $1.1041 late Wednesday in New York. The dollar weakened to USDJPY, -0.01% 123.09 yen, from ¥123.24 late Wednesday in New York. The pound GBPUSD, +0.0192%  edged lower to $1.5597, from $1.5607.

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