Money and business

The dollar stabilizes as markets await jobs data

The dollar stabilized today, Thursday, as markets awaited non-farm payrolls data in the United States, while the yen’s fall to its lowest levels against the dollar, and a decline in trading ahead of a public holiday in the United States kept traders alert to the possibilities of intervention to support the Japanese currency.

The dollar index, which measures the performance of the US currency against a basket of currencies including the yen and the euro, recorded a slight decline of 0.02 percent to 101.38.

The euro was trading at $1.138 against the dollar, while the British pound rose 0.06 percent to $1.3279.

The yen fell last night to 162.84 yen against the dollar, recording its lowest level in 40 years.

The Australian dollar fell 0.09 percent against the dollar to $0.6885, while the New Zealand dollar traded at $0.5672.

In the cryptocurrency market, the price of Bitcoin fell 0.2 percent to $59,934.94, and the price of Ether fell 0.7 percent to $1,605.88.

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