The euro was down against the dollar on fears that Hungary could become the next casualty in an escalating European debt crisis. Michael Sheldon, chief market strategist at RDM Financial in Westport, Connecticut said: "The market is reacting to disappointing jobs report and Europe. The story about Hungary facing budget pressures is just another in a line of worries coming out of Europe."
Against the yen, the dollar was 0.87 percent lower at 91.84 yen. The euro was down 1.52 percent at $1.1972