Nov. 5 (Bloomberg) -- The yen rose against the euro and the dollar as concerns that job losses in the U.S. and New Zealand signal the global recovery may falter helped drive down Japanese stocks.

The yen traded at 90.54 against the dollar, from 90.72 yesterday in New York and strengthened to 134.61 per euro from 134.85.

To contact the reporter on this story: Garfield Reynolds in Sydney at greynolds1@bloomberg.net

Last Updated: November 4, 2009 19:28 EST