Dollar down vs. euro

The euro rose Monday against the U.S. dollar, which continued to be brought down by record-high oil prices and bad economic news from Washington.

The 15-nation euro rose to $1.5825 in morning European trading, from $1.5768 in late New York trading Friday.

On Friday, the U.S. Labor Department reported the unemployment rate rose to 5.5% in May from 5% in April in the biggest monthly jump since February 1986.

Meanwhile, crude futures made their biggest single-day leap ever the same day, soaring nearly $11 to $138.54 a barrel.

In after-hours trading Friday oil hit $139.12 - a trading record, though it was down slightly Monday to $137.65 a barrel.

In other currencies, the British pound fell slightly to $1.9709, from $1.9713 late Friday, while the dollar bought ¥105.13, up from ¥105.10 in New York.

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