Currency Markets the dollar was on the defensive against its peers on Friday after soft service sector employment data dampened expectations the Federal Reserve would hike interest rates soon, looking to U.S. non-farm payrolls later in the session for possible relief. The euro was nearly flat at $1.0939 after rising 0.8 percent overnight. The dollar was little changed at 113.62 yen after being nudged off the previous day's high of 114.28. The Australian dollar stood at $0.7367, holding near a three-month high of $0.7374 hit on Thursday, helped by rising iron ore prices. The Canadian dollar rose near a three - month high of C$1.3372 per dollar.
Expecting to see major dollar strength against the crosses after the NFP announcement.
Expecting to see major dollar strength against the crosses after the NFP announcement.
