The US dollar index was under pressure today, ahead of the release of an important report on jobs in the United States, while the Japanese yen maintained its gains after a sudden, brief rise during the last session, amid expectations that the rise may have come as a result of intervention by the Japanese authorities.
The dollar index, which measures the performance of the US currency against a basket of major currencies, fell by 0.04 percent to 99.56 points.
The price of the dollar against the yen reached 158.88 yen, after the yen jumped by 0.9 percent overnight, in a move that raised speculation in the markets about the possibility of official intervention from Tokyo.
The euro rose slightly to $1.1589, while the British pound tried to recover from its lowest levels in three weeks, recording $1.3482 in the latest transactions.
The New Zealand dollar rose by 0.07 percent to $0.5856, after falling by 0.67 percent yesterday, Wednesday, in the wake of a cautious hike in interest rates, while the Australian dollar settled near its highest level in more than three months at $0.7166.
The Canadian dollar maintained its gains achieved overnight, stable at 1.3836 against the dollar, after the Bank of Canada kept interest rates unchanged, while indicating its willingness to tighten monetary policy to reduce inflation.
