NEW YORK, Oct 6: The euro sustained its push higher against the dollar for a fifth straight day on Friday, the dollar slipping despite a positive September US jobs data report.
At 2100 GMT the euro was trading at $1.3031, up from $1.3018 late on Thursday. Both gained against the yen, the euro rising to 102.48 yen from 102.16, while the dollar moved to 78.64 yen from 78.48 yen.
The news that the US unemployment rate fell sharply to 7.8 per cent in September, on an only modest net increase in jobs, failed to move the dollar higher.
“With the outcome unlikely to impact Fed views, the better US data probably hurts rather than helps the US dollar at this point,” said Vassili Serebriakov, currency strategist at Wells Fargo Bank. The British pound fell to $1.6129 from $1.6191, while the dollar slipped to 0.9291 Swiss francs. —AFP