The dollar rose against the yen, but the euro recovered much of its initial loss against the greenback Friday after better-than-expected U.S. jobs numbers pointed to a U.S. economy marching forward.What caused this high increase in EURO:Trading is likely to again turn volatile when London exits currency markets, around 11 a.m. EST.Positive news on fiscally strapped Greece–which successfully issued a bond onU.S. jobs data point to the Federal Reserve raising key U.S. interest rates.The ICE U.S. Dollar Index, which tracks the greenback against a trade-weighted basket of currencies, was at 80.680 from 80.571.The healing labor market, seen as key to the economy’s turnaround, leads investors to the greenback as the Fed is now seen as more likely to increase key interest rates and return expansionary monetary policy to normal.”The market is interpreting the news as generally favorable for the U.S. economy, with the dollar gaining strength almost immediately,” said Marc Chandler, global head
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