The euro strengthened modestly against the dollar in New York trading on the 4th, with EUR/USD at 1.1615 by midnight, up about 0.0014 from 1.1601 at 10 p.m. The pair initially fell after the August U.S. employment report exceeded expectations, reaching a session low of 1.1585 as traders bought dollars. Support near the previous day's low of 1.1584 prompted position-adjustment buying, while a reversal in U.S. long-term yields from rising to falling helped EUR/USD recover. President Trump said the Federal Reserve needs to act wisely and threatened to stop trading with countries running trade surpluses against the United States if rates are not cut; markets viewed the comments as political pressure, though their direct effect on EUR/USD was limited. Dollar-yen traded erratically, ending at 156.11 by midnight after moving between 155.30 and 156.75. EUR/JPY showed resilience, finishing at 181.34 after briefly touching 180.23, its lowest level since August 3. Market participants see the employment report as supporting dollar buying, while Trump's comments and falling long-term yields are limiting the dollar's upside. Dollar-yen remains centered around 156 as markets search for near-term direction.