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Dollar flat ahead of U.S. jobs data, euro touches 6-month highs

Published 05/05/2017, 05:37 pm
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Investing.com - The dollar was flat Friday ahead of U.S. jobs data as the euro touched six-month highs.
The dollar index fell back below 99 and was up 0.02% at 98.63 at 02:45 ET.
U.S.. nonfarm payrolls are expected to have picked up in April after anemic March figures.
The FOMC Wednesday dismissed weak first-quarter U.S. GDP growth as "transitory."
Investing.com's Fed Rate Monitor Tool currently shows the odds of a June hike at 67%.
The U.S. House Thursday approved GOP healthcare reform but bill is expected to face problems in the Senate.
The euro hit a six-month high of $1.0990 as polls point to clear win for Macron in Sunday's French presidential run-off.
The single currency later eased 0.07% to 1.0976.
Commodity-linked currencies such as theAussie were off after the slump this week in oil and base metal prices.
The safe-haven yen firmed with Japan still closed for an extended holiday.
The pound was steady as ruling Conservatives gained in U.K. local elections ahead of June's general election.

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