Dollar steady ahead of US jobs data

The dollar and other major currencies were steady ahead of US jobs data due later in the day, while the yen rose to a nine-week high as traders awaited expectations of more interest rate hikes in Japan this year.

The dollar index, which measures the greenback against the yen, the pound and other major currencies, was steady at 107.69 after rising to 109.88 on the back of US tariffs earlier this week.

The dollar fell 0.25 percent to 151.09 against the yen after the exchange rate hit below 151 for the first time since Dec. 10 in early Asian trade. The euro was little changed at $1.0382.

The pound fell 0.1 percent to $1.2426 after the Bank of England forecast higher inflation and lower growth at the end of its monetary policy meeting yesterday.