Dollar rises as traders await U.S. jobs data

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The dollar rose slightly on Friday, maintaining some momentum after soaring in the previous session following a series of decisions by central banks in Europe.

Markets were trading moderately pending the latest U.S. jobs data, which could change Federal Reserve policy.

The dollar rallied against the euro and the latter fell 0.1% to 1.09 dollars in early European trading. However, the European currency remained well above the 20-year low of $0.953 reached in September.

The Dollar Index, which tracks the U.S. currency against its major peers, rose 0.1% to 101.89.

The yen advanced slightly to 128.66 per dollar.

The big event of the day for the markets is the release of nonfarm payrolls in the United States at 1330 GMT.

Sterling fell 0.18 percent to $1.22 after losing 1.2 percent the day before.

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