The dollar struggled to make more headway on Friday after a jump in U.S. job creation left stock markets in optimistic mood but did not convince traders it would be a trigger for the U.S. Federal Reserve to move toward higher interest rates.
Sterling, not for the first time in recent months the main weekly winner on major currency markets, was back on the verge of almost six-year highs against the dollar.
The dollar's failure to launch has been the big disappointment on currency markets this year. Solid U.S. jobs numbers for the fifth month running backed the analysts who have begun again to predict it may take off in the coming months.
Against that, the euro continues to be backed by inflows of cash into European bond and stock markets and also by talk in the market of buying by Asian central banks recycling the dollar reserves they are accumulating into other currencies.
After a half-cent swing after the jobs numbers on Thursday, the dollar was just over 0.1 percent higher against the euro on Friday.
"You're getting this sort of muted reaction maybe because no-one is that convinced these numbers will really change the Fed's outlook," said Daragh Maher, a strategist with HSBC in London.