LONDON: The dollar slid to its lowest-ever level against the European single currency on Friday after disappointing jobs data in the United States.

In mid-afternoon deals, the euro jumped as high as $1.5464, which beat the high of $1.5431 that was set in earlier trading.

The US government said Friday that employers slashed payrolls by 63,000 jobs in February, in a sign of more struggles for the world s biggest economy.

It was the second straight month of losses in nonfarm payrolls, seen as one of the best indicators of economic momentum. In January, revised data showed a loss of 22,000 positions.

February s loss was the biggest since March 2003, at the start of the war in Iraq. -AFP