The dollar rallied against the yen in Asia Friday on the back of mixed US data, while weak eurozone manufacturing pressured the euro.
In afternoon Tokyo trade, the greenback rose to 102.60 yen from 102.32 yen in New York Thursday, in tandem with a three percent rally for Tokyo's Nikkei stock index.
The euro also rose to 140.73 yen against 140.37 yen in US trade, while it was unchanged at $1.3718, after a key measure of eurozone business activity weakened slightly.
The Markit Economics eurozone purchasing managers index for February fell to 52.7 points from 52.9 in January, against expectations of a slight increase.
"It suggests that the eurozone recovery lost a little traction in February, although the services data were slightly better," National Australia Bank said.
On Wall Street, investors took comfort from gains in Markit's US purchasing managers index, while new jobless claims fell last week, although not as much as expected.
The data offered some good news after new US home construction and building permits plunged more than expected in January amid severe winter weather in large parts of the country.
"It seems the market, at least for now, is not too concerned about the recent run of disappointing US releases especially given the element of bad weather, though one might start to wonder whether this will remain true if more tier-1 data goes in this direction," Credit Agricole said.
On Thursday, traders moved into the safe-haven yen as Japan posted its worst-ever January trade deficit, while a key index of Chinese manufacturing contracted in February to its lowest level in seven months, a worrying sign for the strength of the world's second-largest economy
Minutes from the Bank of Japan's January meeting, published Friday, showed policymakers were still upbeat on a recovery in the US economy as the Federal Reserve cuts back on its stimulus drive, but feared the volatility in emerging markets.
IMF chief Christine Lagarde and British finance minister George Osborne on Thursday demanded emerging economies get their houses in order, after some attacked US monetary policy in the run-up to G20 talks this weekend in Sydney.
New Fed chief Janet Yellen was likely to face a grilling at the G20 over the impact on emerging economies and fears of capital flight from the Fed's move to taper its huge monetary easing scheme.
The dollar was mixed against other Asia-Pacific currencies.
It weakened to 44.65 Philippine pesos from 44.70 pesos the previous day, to 32.54 Thai baht from 32.58 baht, to 1,072.09 South Korean won from 1,073.13 won, and to 62.15 Indian rupees from 62.29 rupees.
The dollar firmed to Sg$1.2658 from Sg$1.2645, and to 11,795 Indonesian rupiah from 11,790 rupiah.
The Australian dollar rose to 90.07 US cents from 89.52 cents, while the Chinese yuan fetched 16.80 yen against 16.72 yen.
