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December 4, 2005 Sunday Ziqa’ad 1, 1426


Dollar mixed


NEW YORK, Dec 3: The dollar sputtered Friday after briefly hitting a two-and-a-half-year high against the yen as markets shrugged off a widely anticipated report showing the US economy created 215,000 jobs in November.

After a choppy session, the euro eased to $1.1716 at 2200 GMT, from $1.1734 late on Thursday in New York.

The dollar briefly moved above 121 yen for the first time since 2003, but at the end of the day was quoted at 120.56 yen from 120.62 yen Thursday.

Analysts said the US payrolls report was in line with expectations and optimism was tempered by a downward revision to the jobs figure for October, which was reduced to 44,000 jobs from the initially forecast 56,000.—AFP



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