Dollar Holds and Yen Gains on Equity Selloff
The dollar remained steady while the yen gained as a sharp US equity selloff drove investors toward safe-haven assets. Markets brace for the upcoming government payrolls report.
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The dollar held steady against major currencies during Friday's Asian morning trade after a sharp equity selloff in the United States drove investors toward haven assets. Safe-haven demand pushed Treasury yields lower as markets braced for a crucial government payrolls report.
