1st LD Writethru: U.S. dollar mixed amid nonfarm payrolls

The U.S. dollar traded mixed against other major currencies on Monday as investors were still digesting the weaker-than-expected U.S.nonfarm payroll report released Friday.

The U.S. economy added 126,000 jobs in March, well below market consensus of 247,000, and the unemployment rate held steady at 5.5 percent, the Labor Department reported Friday.

Chris Low, chief economist at FTN Financial, said in a note on Friday that "To give an idea how much weaker-than-expected this number is, before today there had not been a month in the past year when payroll growth was less than 200,000. Now, the three- month average is 197,000."

New York Federal Reserve President William Dudley said Monday in a speech that he will be watching "to determine whether the softness in the March labor market report evident on Friday foreshadows a more substantial slowing in the labor market than I currently anticipate. "

The timing of the central bank raising interest rates "will be data dependent and remains uncertain because the future evolution of the economy cannot be fully anticipated," he said.

The greenback was under pressure after the soft report but still showed growth momentum. The dollar index, which tracks the greenback against six major peers, was up 0.69 percent at 97.214 in late trading.

In late New York trading, the euro increased to 1.0979 dollars from 1.0976 dollars in the previous session, and the British pound rose to 1.4924 dollars from 1.4912 dollars. The Australian dollar went down to 0.7626 dollars from 0.7638 dollars.

The U.S. dollar bought 119.34 Japanese yen, higher than 118.98 yen of the previous session. The U.S. dollar edged up to 0.9556 Swiss francs from 0.9532 Swiss francs, and it slipped to 1.2467 Canadian dollars from 1.2478 Canadian dollars. Endite