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FOREX-Dollar rises vs euro, erasing post-payrolls losses

Fri Feb 1, 2008 8:15pm IST
 
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NEW YORK, Feb 1 (Reuters) - The dollar rose against the euro on Friday, staging a comeback driven mostly by profit taking after initially dropping on soft U.S. employment data.

The euro reversed course and fell 0.2 percent from late Thursday to $1.4840 after touching a two-month high of $1.4952 <EUR=>, according to Reuters data. (Reporting by Kevin Plumberg; Editing by Theodore d'Afflisio)

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