The US dollar opened lower on Friday, touching a six-year low as investors continued to digest the implications of a disappointing US labor market report.

The greenback's decline marks a significant shift in sentiment, driven by data that signaled a cooling economy and reduced expectations for aggressive monetary policy tightening.

97 a barrel, while US West Texas Intermediate (WTI) futures advanced 2 cents to $68.

In energy markets, Brent crude futures rose 17 cents to $71.97 a barrel, while US West Texas Intermediate (WTI) futures advanced 2 cents to $68.71.

The modest gains in oil prices reflect a balance between weakening demand signals from the US economic data and ongoing supply-side uncertainties.

The dollar's weakness is part of a broader trend that has seen the currency fall sharply over the past week.

On Thursday, the greenback dropped significantly after the nonfarm payrolls report came in well below consensus expectations.