TOKYO: The dollar held steady in Asia Thursday ahead of key US jobs data seen as crucial for the timing of the Federal Reserve’s stimulus pull-back, while the euro traded water as European central bankers meet later in the day.
The green-back bought 102.34 yen in midday Tokyo trading, little changed from 102.32 yen in New York Wednesday afternoon.
The euro fetched $1.3584 and 139.08 yen, against $1.3591 and 139.06 yen.
The dollar got a lift Wednesday after payrolls firm ADP reported US private-sector hiring surged in November, with a net 215,000 new jobs created, the strongest month so far in 2013 and well above analyst expectations.
Other US data also came in better than anticipated, including a sharp rebound in new-home sales and a shrinking foreign trade deficit, helping to offset a slowdown in services-sector growth.
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