A gauge of the dollar consolidated its third weekly gain ahead of US jobs data, where a hot print could fuel further repricing of the Federal Reserve's interest-rate trajectory.
The Bloomberg Dollar Spot Index climbed less than 0.1% Friday, after advancing for a second day Thursday in response to June ADP employment change, which was more than double the estimate and sent Bloomberg's NFP "whisper" forecast number for later Friday move sharply higher.
The yen was little changed against the greenback after posting its best gain in a month on Thursday in wake of comments from Bank of Japan Deputy Governor Shinichi Uchida, who said a "balanced" approach should be taken to tweak its yield curve control policy, Nikkei reports, citing an interview. Strong wage data released today added to the debate and kept the yen firm.
The Bloomberg Dollar Spot Index was steady after rising 0.1% the previous day; two-year Treasury yield added three basis points to 5.01%.
USD/JPY fell as much as 0.2% to 143.80 before reverting to little changed.
AUD/USD rose 0.1% to 0.6633, NZD/USD gained 0.1% to 0.6163.
Source: Bloomberg
