The dollar and yen fell against most of their major counterparts after data showing growth in economies from China to the U.S. boosted demand for higher- yielding assets.

Though liquidity was winding down quickly into the close of the week, we would nevertheless see a significant shift in the traditional market gauges for risk appetite Friday.

Though liquidity was winding down quickly into the close of the week, we would nevertheless see a significant shift in the traditional market gauges for risk appetite Friday. With the help of a dubious nonfarm payrolls report, risk appetite would start climbing before the US exchanges came online.

The dollar and yen fell against most major counterparts as private employers added more jobs than forecast in August, easing concern the recovery from the worst slump since the Depression is faltering and fueling investors’ risk appetite.

The euro headed for a second weekly gain versus the dollar before a European report that economists said will show retail sales rose for a third month, spurring demand for the region’s assets.