By MarketWatch LONDON (MarketWatch) -- The dollar rose against the yen and the British pound but slipped against the euro Friday, as traders reacted to apparent global support for Greece and the hung parliament in the U.K. after the Wall Street tumble on Thursday. Markets were also eagerly awaiting the nonfarm payrolls report due at 8:30 a.m. Eastern. Finance ministers from the Group of Seven were due to hold a telephone conference, which helped put a floor under the European unit (CUR_EURUSD 1.2765, +0.0136, +1.0769%) , which recovered to $1.2790 from $1.2606 earlier in Asian hours and from $1.2639 late Thursday. Against its Japanese counterpart, the dollar (CUR_USDYEN 92.4800, +1.6500, +1.8166%) bought 92.29 yen, up from 91.18 yen earlier Friday, and from 90.44 yen late Thursday. The British pound (CUR_GBPUSD 1.4678, -0.0103, -0.6955%) was very volatile, sliding as low as $1.4473 after voters failed to give a clear mandate to any party. The U.K. currency moved off lows after the leader of the third party, the Liberal Democrats, said the Tories should have the right to attempt to form the next government. See full story. The pound was at $1.4866 in late North American trading on Thursday, a day in which it lost more than 1% against the greenback, and rose to $1.4895 in early Asian trading Friday. "If we don't get a clear majority -- which looks like the most likely scenario at the moment -- the overhang of uncertainly is still negative for sterling. And then it kind of depends on horse trading in the next hours or days," said Adam Cole, foreign exchange strategist at RBC. On Thursday, the euro extended losses as U.S. stocks briefly plunged 8%, recovering later but still ending down more than 3%. Fears continued to rise about European countries' ability to slash deficits after riots followed Greek lawmakers' approval of austerity measures. See Thursday's Currencies report.

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