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Dollar Steady Ahead of Crucial US Payrolls Data

New york: The dollar held steady on Thursday as markets awaited key US non-farm payrolls data. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, eased 0.02 percent to 101.38.

According to Emirates News Agency, the euro traded at $1.138 against the US dollar while sterling edged 0.06 percent higher to $1.3279. Overnight, the yen sank to 162.84 yen against the dollar, hitting a 40-year low and well above levels that prompted Japanese authorities to intervene a few weeks ago. In early trading, it was little changed at 162.50 per dollar.

The Australian dollar lost 0.09 percent versus the greenback to $0.6885, while New Zealand's kiwi traded at $0.5672. In cryptocurrencies, bitcoin fell 0.2 percent to $59,934.94, and ether declined 0.7 percent to $1,605.88.

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