On Friday, the US dollar rose after new data showed US job growth accelerated in November. As the unemployment rate dropped, there was increased trust in the labor market. The US dollar index was last up 0.3% at 104.0, on track for a modest weekly gain after a bruising November, in which it shed 3%.
The yen was 0.52% lower against the dollar at 144.35, following its biggest rally in almost a year the day before. Although the yen was lower after the readout of the US November jobs data, it surged by as much as 1.2% earlier on, adding to Thursday's 2% rally. The Japanese currency has jumped to multi-month highs against a range of others in the last two days, although some of that strength dissipated over Friday's European trading session.
Source: reuters.com