The U.S. dollar rose slightly against the yen and the euro in Asian trading Friday, after a report on Japan's second-quarter economic growth came in just below market expectations. The dollar was trading at 109.81 yen in Tokyo midafternoon, down 0.32 yen from late Thursday but above the 109.60 yen it bought in New York later that day. The euro slipped slightly to $1.2454 from $1.2466 late afternoon in New York. China's yuan rose to its highest level against the dollar since Chinese authorities revalued the currency on July 21. It closed at 8.0980 per dollar, up from 8.1002 on Thursday. Currency dealers said they believed China's central bank may have intervened to stem the yuan's climb. Trading in the yuan is restricted, with regulators only allowing it to move 0.3 percent in either direction of its opening value. Тhe dollar's recent slide against the yen and euro, meanwhile, appeared to be coming to at least a temporary end, as Friday's report showing Japan's economy grew 0.3 percent from the previous quarter -- or 1.1 percent at an annual pace -- didn't set off a fresh spurt of dollar-selling. Economists had been projected 0.4 percent growth. The rally in Japanese stocks, which had fueled demand for yen, also came to an end Friday. "Japanese stocks didn't really move much today so the dollar has gained a bit" as investors sold the yen to book profits, said Minoru Shioiri, senior manager of foreign exchange at Mitsubishi Securities. But dealers said the gross domestic product data confirmed Japan's recovery trend and will add support for the yen in coming weeks. "The headline figure is a bit weaker than forecast, but the details are positive, showing that capital investment and consumption -- two pillars of Japan's current recovery -- stayed firm," said Kikuko Takeda, foreign exchange analyst at the Bank of Tokyo-Mitsubishi.