Stock Market

The dollar posted its biggest five- day gain versus the yen in two weeks as fewer Americans lost jobs last month than economists forecast, increasing the likelihood that the U.S. economic recovery remains on track.

The euro gained against the Japan’s currency as Greece’s prime minister prepares to meet with leaders in Paris and Washington to discuss resolving its debt crisis. The yen fell versus South Africa’s rand and Canada’s dollar after the U.S. employment report spurred demand for riskier assets.

“The payrolls number was big from a psychological point of view,” said Sebastien Galy, a currency strategist at BNP Paribas SA in New York. “It’s the end of the double dip scenarios. The impact has been massive on dollar-yen, which will accelerate quite sharply.”