Dollar Steady Ahead of Jobs Data, Yen Shines After Japan Wage Data

Dollar Steady Ahead of Jobs Data, Yen Shines After Japan Wage Data
Oil, miniatures of oil barrels, oil pump jack and U.S. dollar banknote are seen in this illustration taken on June 6, 2023. Dado Ruvic/Reuters
Reuters
Updated:

LONDON—The dollar held steady against most major currencies on Friday ahead of U.S. employment figures that could confirm rates are likely to stay higher for longer, but fell sharply against the yen, which got a boost from Japanese wage data.

The U.S. nonfarm payrolls report is due later in the day and is expected to show the U.S. economy created 225,000 jobs in June.