Dollar slips ahead of key US jobs report as yen holds gains

The US dollar index came under pressure on Friday ahead of a key jobs report in the United States, while the Japanese yen maintained its gains after a brief, sharp rise during the previous session.

The dollar index—which measures the greenback against a basket of major currencies—edged down 0.04% to 99.56 points. The dollar traded at 158.88 yen, after the Japanese currency jumped 0.9% overnight.

Meanwhile, the euro inched up to $1.1589, while the British pound attempted to recover from a three-week low, last trading at $1.3482. The New Zealand dollar rose 0.07% to $0.5856, following a 0.67% drop yesterday after a cautious interest rate hike.