U.S. dollar mixed after nonfarm payrolls

The U.S. dollar traded mixed against other major currencies on Friday after the release of nonfarm payroll report from the country.

Total nonfarm payroll employment rose by 161,000 in October, following revised gains of 191,000 in September, said the Labor Department on Friday. The latest reading was slightly below market expectation of about 170,000.

Average hourly earnings for all employees increased 10 cents to 25.92 U.S. dollars, following an 8-cent increase in September. The average hourly earnings have risen by 2.8 percent over the year, the fastest 12-month pace since the recovery began.

Analysts said the overall solid nonfarm payroll data bolstered market speculation for an interest-rate hike by year-end, which helped to support the greenback on Friday.

Meanwhile, the U.S. dollar was still under pressure amid rising uncertainties about next week' s presidential election.

The dollar index, which tracks the greenback against six major peers, was down 0.09 percent to 97.067 in late trading.

In late New York trading, the euro rose to 1.1119 dollars from 1.1104 dollars, and the British pound climbed to 1.2505 dollars from 1.2460 dollars. The Australian dollar declined to 0.7677 dollars from 0.7680 dollars.

The dollar bought 103.15 Japanese yen, higher than 103.00 yen in the previous session. The dollar inched down to 0.9698 Swiss francs from 0.9744 Swiss francs, and it rose to 1.3410 Canadian dollars from 1.3400 Canadian dollars. Enditem