The U.S. dollar held steady in the lower
At noon, the dollar fetched
The euro was quoted at
The dollar maintained its buoyancy on optimism about U.S. economic recovery after jumping from the upper
The traders awaited clearer signs of whether a sunny jobs outlook will spur the U.S. Federal Reserve to bring interest rate hikes forward, said
The dollar was buoyed Thursday as June nonfarm payrolls grew by a bigger-than-expected 288,000 jobs and the unemployment rate shrank from May's 6.3 percent to 6.1 percent.
But "other U.S. figures including labor market participation and wages haven't quite caught up, so it's hard to tell if we will get a dramatic response from the Fed," Sakai said.
"Traders are holding off on bold dollar buying ahead of the (Federal Open Market Committee) minutes out Wednesday which should illuminate feelings within the Fed about its outlook, with signs of hawkish sentiment in the minutes likely to drive up U.S. bond yields and uplift the dollar against the yen," he said.
"The response of
In particular focus are Fed vice chair
The euro remained weighed down against the dollar in the aftermath of Friday's 1.7 percent decrease in German manufacturing orders in May, with expectations picking up of added easing by the
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