Both euro and British pound pushed lower against the U.S. dollar during European trades Friday, ahead of the keenly awaited U.S. jobs report due later in the day. The greenback could further gain if non-farm payrolls came out to be positive. The U.S. dollar was trading higher against major of its counterparts, as investors await key jobs data for further hints regarding the Federal Reserve's monthly bond buying program. The key non-farm payrolls figure is forecast to drop to 195,000 from 203,000. The overall unemployment rate is expected to remain unchanged at 7.0 percent in December. The dollar index last stood at 80.15, after opening at 81.08. The USDIX index so far hit a session high at 81.17and low at 81.02. Against the yen, dollar rose 0.15 percent to trade at ¥104.981, after opening at ¥104.807. The JPYUSD so far hit a session high of ¥104.999. A downside surprise in the U.S. nonfarm report could bolster the yen. Euro was trading lower on Friday despite positive industrial and manufacturing output data released earlier in the day from France , euro-area's second largest economy. France industrial production rose 1.3 percent in November, while manufacturing production increased 0.2 percent as expected. The common currency had initially weakened below $1.36 after the European Central Bank Chief, Mario Draghi announced the bank is ready to take action should inflation outlook further worsened or if rising money market rates threaten the bloc`s fragile recovery. Against the euro, the greenback added 0.11 percent to trade at $1.35943 after opening at $1.3066 . The EURUSD fell to hit a session low of 1.35881. Meanwhile, the single currency edged higher against the yen where the EURJPY pair rose to trade near ¥142.710 after opening at 142.650. The pound declined for the first time in three sessions against the dollar after a report showed UK industrial and manufacturing output fell short of economist forecasts in November, signaling the economy may be weakening in the fourth quarter. Industrial and manufacturing production stagnated, missing forecasts for expansion. Industrial production recorded 0.0% while edged up 2.5% percent on the year from a previous of 3.2%. Manufacturing output also stagnated in November, where the annual index surged 2.8 percent from a previous of 2.6 percent. The dollar gained 0.42 percent against the pound, where the GBPUSD pair traded sharply lower at 1.64102 after opening 1.64783. Cable was likely to find support at 1.6405 and resistance at 1.6515. The Australian dollar built on losses set through the week on Friday, weighed down by data showing a deceleration in China's export growth. China is Australia's biggest trade partner. China posted a merchandise trade surplus of $25.64 billion in December missing forecasts for a surplus of $32.15 billion . Export growth slowed in the month, while imports accelerated, painting a mixed picture of the economy. The Aussie last traded at $0.88961 after opening at $0.88979 , down 0.1 percent on the day so far.
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