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According to the Wall Street Journal, the greenback had risen to 81.27 yen at 04:50 GMT, after finishing at 81.24 yen on the previous day. It also closed on the euro, with the single currency dropping to $1.4338 from $1.4359.
Tomohiro Nishida, a senior dealer at Chuo Mitsui Trust and Banking, warned that the euro could make gains against the dollar in forex trading if the jobs report fails to live up to the largely positive predictions of analysts.
"The reaction to a worse-than-expected reading could be more pronounced," he remarked.
On Thursday, the euro gained on the dollar following two days of declines after the president of the European Central Bank said the organisation will continue to offer liquidity to Portugal.
Vassili Serebriakov, currency strategist at Wells Fargo in New York, said the move indicates that the bank's position on funding remains "flexible", Reuters reported.
Posted by Greg Secker
