Early trade in New York: Dollar falls versus euro, yen

The dollar fell to a near four month low against the euro and a one month low against the yen on Friday after a smaller-than-expected rise in US nonfarm payrolls prompted bets the Federal Reserve will pump additional money into the sluggish economy.
The euro rose as high as $1.2806, its strongest since late May, knocking out reported option barriers at $1.2660 and $1.2700. It last traded at $1.2782, up 1.2 percent. The jobs data also gave a huge boost to the yen. The dollar fell 0.9 percent to 78.10 yen, with the low at 78 yen.