MediumNeutral
Announced Thu, 2 Jul · 07:16 IST
Dollar steady as focus turns to US payrolls, yen intervention jitters persist
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
The US dollar index eased marginally to 101.38 ahead of the June non-farm payrolls data, where economists expect 110,000 jobs added and unemployment steady at 4.3%. The Japanese yen remained near a 40-year low at 162.50 per dollar, with traders watching for potential Japanese intervention around the US July 4 holiday. Fed's Kevin Warsh noted easing inflation expectations, while a stronger-than-expected payrolls print could push dollar-yen toward 165-166.