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Dollar up vs yen on jobs optimism; commodity currencies rise
The U.S. dollar rose against the yen, while commodity-linked currencies also firmed on Thursday as risk appetite improved after better-than-expected U.S. jobs data, which suggested the world's largest economy was on a more stable path to recovery. The euro, on the other hand, slipped against the dollar after a Greek court ruled the country's pension reform demanded by foreign lenders may be unconstitutional, raising concerns about Athens' ability to implement austerity measures needed to secure aid. The common currency had earlier climbed near $1.30 after encouraging U.S. economic data, which came a day before the ... (full story)