LONDON, 7 December 2006 — The dollar got a temporary lift against the euro here yesterday on a survey suggesting that US job creation in November will be shown to have been stronger than predicted. The single European currency in late-day trade was at 1.3306 dollars, down from 1.3317 late Tuesday in New York. But the euro at one point fell to 1.3256 dollars before recovering. The dollar was meanwhile at 115.06 after 114.97 on Tuesday. European stock exchanges wobbled yesterday, with the London FTSE 100 index inching up 0.06 percent to 6,090.30. In New York, at 1700 GMT, the Dow Jones Industrial Average was down 16.50 points (0.13 percent) at 12,315.10.
Asian stocks closed higher yesterday.
World oil prices inched forward yesterday after official data revealed a drop in US energy inventories last week. New York’s main contract, light sweet crude for delivery in January, rose two cents to $62.45 per barrel in pit trading. In London, Brent North Sea crude for January delivery gained 11 cents to $63.43 in electronic trade.