The U.S. dollar held in the upper
The euro was quoted at
The dollar slid gradually against the yen from midmorning, but remained in the upper
A wait-and-see mood ruled the market ahead of Yellen's speech Friday at an annual conference of policymakers in
In the absence of
Weekly unemployment insurance claims went down 14,000 from the previous week to 298,000, and July's existing home sales showed resurgence.
Traders' appetite for the U.S. currency is growing amid data suggesting the world's largest economy is recovering smoothly and hints Fed policy board members are generally looking supportive of an early interest rate hike, Saito said.
"About 90 percent of market observers are expecting Yellen's speech to have a somewhat dovish tone," but any fall on the back of dovish comments will likely be temporary, and from next week the dollar is on track to climb higher, Saito said.
The euro held largely flat against the dollar and yen in
The common currency had slightly recovered from Thursday's 11-month low of
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