Dollar Rises to Six-Month High Versus Yen on Employment Gains

The dollar advanced to a six-month high against the yen after the last jobs report before next week’s election showed hiring in the U.S. increased more than forecast.

The U.S. currency strengthened to a one-month high against the euro amid confirmation that the euro-zone’s manufacturing sector contracted in October. Japan’s currency declined for a third week against the dollar as economic weakness and disappointing corporate earnings spurred speculation the Bank of Japan will expand monetary stimulus. The Canadian and New Zealand dollars rose against most peers.