The dollar weakened momentarily after lower-than-expected US payrolls data for April, which rose by only 88,000 in April compared with the 115,000 analysts had been expecting. The data also included a downward revision of 26,000 for the previous two months, while hourly earning were up only 0.2 pct, instead of the 0.3 pct the market was looking for. The dollar gave ground to the euro, which rose to a high of 1.3592 usd from 1.3564 previously before edging back down again. Similarly the pound rose briefly above the 1.99 usd level before dropping back down.