SINGAPORE : The dollar paused its ascent on Friday after a rise in jobless claims in the United States implied possibly easing conditions in the labour market and tempered expectations of further aggressive rate hikes from the Federal Reserve.In Asia, moves were subdued as markets remained on guard ahead
SINGAPORE : The dollar paused its ascent on Friday after a rise in jobless claims in the United States implied possibly easing conditions in the labour market and tempered expectations of further aggressive rate hikes from the Federal Reserve.
The BOJ is widely expected to maintain ultra-low interest rates on Friday and refrain from major changes to its controversial bond-yield control policy, leaving options open ahead of a leadership transition in April. That has caused the yen to weaken from January highs, and reversing a rally that followed a surprise tweak to yield curve control by the BOJ in December.The euro rose 0.13 per cent to $1.0595, while sterling edged 0.05 per cent higher to $1.1932, both some distance from multi-month lows hit on Wednesday.
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