U.S. dollar mixed after nonfarm payrolls

The U.S. dollar traded mixed against other major currencies on Friday after the country' s nonfarm payroll report came out weaker than expected.

U.S. total nonfarm payroll employment increased by 156,000 in September, lower than the market estimates of 176,000, and the unemployment rate rose slightly to 5 percent, according to the Labor Department Friday.

The nonfarm payroll report had been watched closely by investors to get more clues of the Federal Reserve' s next move.

Although the latest reading was below expectation, Cleveland Fed President Loretta Mester said Friday that the jobs report was "solid," adding it's time for the U.S. central bank to raise interest rates.

Some Fed officials said earlier this week that there was a strong case to raise interest rates, and the central bank should not delay rates hikes.

In late New York trading, the euro rose to 1.1173 dollars from 1.1153 dollars, and the British pound declined to 1.2441 dollars from 1.2638 dollars. The Australian dollar decreased to 0.7577 dollars from 0.7584 dollars.

The dollar bought 103.21 Japanese yen, lower than 104.08 yen in the previous session. The dollar inched down to 0.9792 Swiss francs from 0.9806 Swiss francs, and it climbed to 1.3273 Canadian dollars from 1.3212 Canadian dollars. Endit