Investing.com - The dollar gave back gains against the yen on Friday after concerns the Ukraine crisis may heat up offset an upbeat U.S. April jobs report.
In U.S. trading, USD/JPY was down 0.10% and trading at 102.23, up from a session low of 102.14 and off a high of 103.02.
The pair was expected to test support at 102.03, Wednesday''s low, and resistance at 103.02, the earlier high.
The Labor Department reported earlier that the U.S. economy added 288,000 jobs in April, beating expectations for a 210,000 increase. March''s figure was revised up to a 203,000 rise from a previously estimated 192,000 gain.
The private sector added 273,000 last month, more than an expected 210,000 increase. In March, the number of private sector jobs was revised up to a 202,000 increase a previously estimated 192,000 rise.
The report also showed that the U.S. unemployment rate fell to 6.3% in April, from 6.7% the previous month, compared to expectations for a fall 6.6%.
Separately, data showed that U.S. factory orders rose 1.1% in March, less than the expected 1.4% gain, after a 1.5% rise in February, whose figure was revised down from a previously estimated 1.6% increase.
The dollar shot up against the yen when the jobs data hit the wire, though chipping away at the dollar''s earlier gains were concerns the Ukraine crisis may escalate.
The U.N. Security Council was set to meet to discuss the crisis on Friday, while separately, U.S. President Barack Obama alongside German Chancellor Angela Merkel threatened to slap fresh sanctions on Russia if Moscow disrupts elections in Ukraine scheduled for May 25.
The yen, meanwhile, was up against the euro and up against the pound, with EUR/JPY down 0.07% at 141.81, and GBP/JPY trading down 0.21% at 172.50.
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