Dollar turns lower after nonfarm payrolls undercut expectations

The U.S. dollar fell into negative territory early Friday, following a weaker-than-expected nonfarm payrolls number in the March jobs report. The figure stood at 103,000, versus 170,000 expected by economists polled by MarketWatch. The unemployment rate was flat at 4.1%. The ICE U.S. Dollar Index DXY, -0.01% turned lower on the news, last down 0.1% at 90.402. The jobs report is seen as a guide to Federal Reserve policy. The central bank has indicated it's on track to deliver three rate hikes this year, though analysts are looking for clues that this number could get bumped higher. The euro EURUSD, -0.0245% the dollar's main rival, was little changed at $1.2241, while the British pound GBPUSD, +0.1642% climbed 0.2% to $1.4027. Versus the Japanese yen USDJPY, -0.11% the buck fetched ¥107.29, down 0.1%