Summary The euro was mixed, weakening to $1.3390 from $1.3407 in US trade.
TOKYO (AFP) - The dollar rose in Asia Tuesday as upbeat US jobs data boosted risk sentiment and stoked speculation over a pullback on the Fed s monetary easing plan.
The greenback bought 99.53 yen in midday Tokyo trade, up from 99.20 yen in New York Monday afternoon.
The euro was mixed, weakening to $1.3390 from $1.3407 in US trade, while it firmed to 133.29 yen from 133.01 yen.
Last week s strong jobs data and a better-then-expected 2.8 percent third quarter economic growth has raised expectations that the Fed would start tapering its stimulus program in mid-December or late January.
The jobs growth, despite a 16-day partial federal government shutdown, suggested the world s largest economy could be in better shape than previously believed.
The Fed has said any draw down -- seen as a plus for the dollar -- hinged on signs of a firm recovery.
"More and more market players expect the Fed to start tapering the programme by the end of the year," Daisuke Karakama, market economist at Mizuho Bank, told AFP.
However, Karakama said he believed any pullback would happen in January at the earliest or possibly in March as worries linger over Washington s budget battles.
The euro has faced selling pressure as looming deflation fears in the eurozone saw the ECB cut rates to a record low 0.25 percent last week.
A downgrade of France s credit rating also heaped pressure on the unit while an expected tepid result for eurozone GDP this week could stoke speculation of more policy moves by the ECB, dealers said.
