Currencies: Dollar holds steady as investors sit tight ahead of jobs data

The U.S. dollar edged up against the yen and held steady against the euro Wednesday, ahead of an update on private-sector hiring before the release of the U.S. government’s closely watched labor-market report due later this week.

The greenback was up against the yen USDJPY, +0.32% at ¥103.21, up from ¥103.03 late Tuesday in New York. The U.S. currency in Asia overnight climbed to a fresh one-month high of ¥103.23.

The euro EURUSD, -0.0538% meanwhile, bought $1.1145, little changed from $1.1140 in the previous session. The shared currency was steady after Eurostat data showed consumer-price inflation in the eurozone was 0.2% higher in August than during the same month a year earlier, below expectations of a 0.3% rise.

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