Greenback holds overnight gains - Breaking The News
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Greenback holds overnight gains

Market Reports
Christian Baha / SM

1 min read

EPA / David Chang

The dollar managed to hold most of its overnight gains against the yen in the Asian trading session on Thursday, as traders look forward to Friday’s U.S. jobs data in hopes of pointing them towards the Federal Reserve's next move. 

The USD/JPY pair traded at ¥103.6705 up 0.16% (9:21 a.m. CET), after reaching ¥103.7125 earlier. The greenback has been in an uptrend for eight sessions in a row, reaching towards September highs of  ¥104.3215.

Sterling decreased 0.27% against the U.S. currency to go for 1.2713 (9:46 a.m. CET), while the euro lost 0.11% compared to the greenback and sold for 1.1193 at 9:47 a.m CET. The dollar index inched up 0.15% to 96.29 (9:48 a.m. CET).

 

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