NEW YORK. June 5: The dollar pushed higher against the yen yesterday but was lower against the Swiss franc and euro, as the European currency struggled back from its lower levels, dealers said, reports AFP.

At 2030 GMT the euro traded at 1.0375 dollars from 1.0321 Thursday, while the pound sterling traded at 1.6105 from 1.6048 dollars.

The dollar strengthened against tile Japanese currency at 121.61 from 121.47, and while it fell against the Swiss franc to 1.5312 from 1.5402.

Dealers said there was little fundamental news driving the dollar and even the release of the US May nonfarm payrolls report sent the dollar only marginally higher in an overall muted reaction.

Analysts said the data included mixed signals on the strength of the US economy, and as a result the report does not provide any clearer indication about whether the Federal Open Markets Committee (FOMC) is likely to tighten interest rates in the near term.

A majority of Wall Street analysts expect the Fed to tighten rates either at the next meeting, late this month, or at the August meeting.

Analysts said it will now fall to the retail sales report next Friday as well as the consumer prices and producer prices reports due over the next two weeks, to determine whether the Fed will tighten.

Wells Fargo Bank chief dealer Simon Fowles said he does not believe the Fed will tighten but does not see this as having a negative impact on the dollar.

Fowles said the dollar should continue to push higher against the yen and Swiss franc.