Dollar edges lower as eyes turn to U.S. jobs report

  • Posted By : Admin
  • 08/03/2017

The dollar edged lower Wednesday with the focus on U.S. nonfarm payrollson Friday.
The dollar index was off 0.05% at 101.76 at 02:30 ET.
Observers believe the jobs report would have to be extremely negative to prevent a March Fed hike.'s Fed Rate Monitor Tool shows the odds of a hike at next week's FOMCmeeting at 82%.
The dollar eased 0.28% to 113.66 {{yen}}. Japanese Q4 GDP growth was revised up to 1.2%.
The Aussie edged higher as Chinese imports surged 44.7% in yuan terms in February.
The pound nudged higher ahead of the U.K. budget release.
The euro steadied with the ECB expected to stand pat on policy at Thursday's meeting.


News from