The dollar strengthened against other G10 currencies in New York on Friday after U.S. data showed October job growth exceeded all expectations, bolstering market bets on a Fed rate hike next month. According to Sina Finance, the Bloomberg Dollar Spot Index rose 0.4%, while data released by the U.S. Bureau of Labor Statistics showed the unemployment rate declined. Nonfarm payrolls increased by 165,000 in October, and figures for the previous two months were revised upward; the unemployment rate fell to 4.1%. Chipmaker shares rebounded, and stocks also climbed.

Scotiabank's Shaun Osborne and Eric Theoret wrote in a report on Friday that the dollar was strong and the relative performance of G10 currencies suggested rising risk aversion. They said investors were assessing deteriorating sentiment as trading in AI, chip and technology stocks continued to cool after the U.S. midterm elections.

The U.S. dollar rose 0.7% to 1.4123 against the Canadian dollar as data showed Canada's unemployment rate increased. The rate rose to 6.7% in October as more people sought work while employment edged down, indicating labor-market weakness. The euro fell 0.7% to $1.1144. The euro area's top banking supervisor is considering reviewing loans related to data centers to assess risks from sentiment in the AI market and valuation volatility. The pound fell 0.7% to $1.3351. The Australian dollar fell 1% to $0.6861, making it one of the worst-performing G10 currencies. The New Zealand dollar fell 0.9% to $0.5542, while the U.S. dollar rose 0.3% to 158.20 yen.