USD gains on euro, yen, Swiss franc

The US dollar gained on the euro again on Friday and also gained on other currencies after new US jobs data reported that fewer jobs than expected were lost in April.

At nearly noon in New York, the dollar traded at $1.5430 to the euro, while a dollar bought ¥105.2750 and SFr1.0560.

At the same time, however, the dollar declined in relation to the South African rand, to R7.5555 to the dollar.

The yen was weaker against a number of currencies equities markets saw gains on the US jobs report, raising investor interest in risky carry trades.

It took ¥63.304 to buy a real, ¥82.467 to buy a New Zealand dollar, ¥13.928 to buy a rand, and ¥162.4341 to buy a euro.

The British pound strengthened versus the euro to 78.07p to the shared currency.

The Australian dollar fell in relation to the US dollar after prices for commodities, exports of which are worth around 17 percent of Australia’s economy, fell during the week.

In late morning trade in New York the Aussie was worth 93.72 cents US.

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