US dollar rises after strong US services, factory data

New York

THE dollar rose broadly on Friday after the release of US factory orders and services sector data that beat estimates, reversing an earlier slide after an underwhelming October jobs report.

The euro turned negative against the dollar, falling to its lowest level since Monday after the U.S. factory orders and ISM non-manufacturing PMI data, while the dollar turned positive against the Japanese yen, erasing earlier losses and nearing its highest since mid-July.