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Dollar range-bound ahead of key jobs data

Saturday, 8 February 2014


TOKYO, Feb 7:  The dollar moved narrowly in cautious trade in Asia on Friday, ahead of US jobs data that dealers hope will shed light on the health of the world's biggest economy. In early exchanges the greenback bought 102.08 yen, hardly changed from 102.10 yen in New York Thursday afternoon. The euro bought $1.3588 against $1.3591 while slipping to 138.70 yen from 138.79 yen. The common European currency scored broad gains Thursday after the European Central Bank held its key interest rates steady and downplayed risks of damaging deflation in the eurozone. The US Labor Department is to release January payrolls data later Friday.     — AFP