The US dollar declined versus its major counterparts except the euro on Friday. The negative sentiment prevailed on latest US payrolls report which disappointed the traders. On the other hand the single currency also remained under pressure on Italy’s debt crisis.

Chief currency strategist, Dean Popplewell from Oanda Corporation commented, “It’s difficult to want to invest in anything, especially with Europe, Japan and China, and then confidence in the States was shot again this morning.”

Traders were also disappointed on the latest US jobs data. According to US Labor Department only 18,000 jobs were added in the month of June which was much lower than the expectations.

The dollar index DXY which measures the US dollar’s movement versus its major counterpart currencies plunged to 75.179 on Friday as compared to 75.938 on Thursday’s North American trading session. In the current week the dollar index has surged 1.1 percent since last Friday.

The euro declined to 1.4247 versus the greenback on Friday as compared to 1.4353 on Thursday’s late trading hours. The euro has declined 1.9 percent for the current week.

The US dollar remained under pressure against the British Pound too as the pair GBP/USD surged to 1.6307 on Friday as compared to 1.5968 on late Thursday. The greenback also declined to 80.65 against the Japanese Yen on Friday as compared to 81.23 on Thursday.

Against the Australian dollar the greenback remained strong as the pair AUD/USD declined to 1.0784 on Friday as compared to 1.0773 on Thursday’s North American trading session.