The dollar rose on Friday after new data showed U.S. job growth accelerated in November and the unemployment rate dropped, pointing to underlying strength in the labor market. The U.S. 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.
The US dollar has broken down significantly during the course of the trading week, reaching down to the ¥141 level before bouncing quite drastically.
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