Dollar climbs against euro on new U.S. worries

In late morning trading here, the European single currency weakened to 1.3992 dollars from 1.3997 dollars in New York late on Thursday.

In trading on Friday, the euro was changing hands at 1.3992 dollars against 1.3997 dollars late on Thursday, 134.35 yen (134.30), 0.8559 pounds (0.8538) and 1.5205 Swiss francs (1.5182).

The dollar stood at 95.96 yen (95.94) and 1.0859 Swiss francs (1.0844).

The pound was at 1.6360 dollars (1.6390).

On the London Bullion Market, the price of gold rose to 933.10 dollars an ounce from 929.50 dollars an ounce late on Thursday.

In Asian trade Friday, the dollar rose against the yen as fresh worries about the health of the U.S. economy supported the “safe-haven” greenback, dealers said.

The dollar firmed to 96.09 yen in Tokyo afternoon trade from 95.94 in New York late on Thursday.

The euro inched up to 1.4010 dollars from 1.3997 and to 134.62 yen from 134.30.

Against Asian currencies, the dollar rose to 10,225 Indonesian rupiah from 10,095 a day earlier, to 1.4509 Singapore dollars from 1.4463 and to 48.19 Philippine pesos from 48.04. It climbed to 32.90 Taiwan dollars from 32.81 and to 34.09 Thai baht from 34.02, but fell to 1,265.90 South Korean won from 1,268.60.

“The June U.S. jobs report provoked disappointment and a subsequent sell-off in risk assets,” said Calyon analyst Mitul Kotecha.

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