Dollar Eases as Yen Gains Ahead of US Payrolls

Dollar eases as yen gains ahead of US payrolls

US semiconductor stocks fell 6% on Wednesday. (EPA Images pic) LONDON: The US dollar eased on Thursday ahead of US jobs data that could either support or challenge market expectations of a Federal Reserve (Fed) interest rate hike this year, while oil prices slid again and chipmaker stocks struggled after a stellar quarter. Money market pricing currently indicates expectations of one US Fed rate hike by October and around a 40% chance of a second…

Dollar Steadies as Traders Await U.S. Jobs Data and Yen Sits Near 40-Year Low

The U.S. dollar held broadly steady on Thursday as global markets positioned cautiously ahead of key U.S. non-farm payrolls data, while the Japanese yen remained ... The post Dollar Steadies as Traders Await U.S. Jobs Data and Yen Sits Near 40-Year Low first appeared on [your]NEWS.

Yen rallies as traders alert to intervention risk, US payrolls in focus

LONDON/TOKYO - The Japanese yen rose sharply against the dollar on Thursday as traders braced for possible intervention from Japanese authorities, …

Dollar steady as focus turns to US payrolls, yen intervention jitters persist

TOKYO: The dollar held steady on Thursday as markets awaited key ​US non-farm payrolls data, while the yen’s slide to 40-year lows against the greenback and thin trading ‌ahead of a US holiday kept traders on high alert for intervention. The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, eased 0.02% to 101.38. Thursday’s data is expected to show US employers added 110,000 jobs in June, …

Japanese Yen Holds Steady Near 162.50 As Market Awaits US Jobs Report

BitcoinWorld Japanese Yen Holds Steady Near 162.50 as Market Awaits US Jobs Report The Japanese yen traded in a narrow range near the 162.50 mark against the US dollar on Tuesday, as currency markets entered a holding pattern ahead of the release of crucial US employment data later this week. The lack of significant movement reflects a cautious sentiment among traders, who are refraining from making large bets before the jobs report provides cl…