Dollar little changed vs. rivals, eyes on NFP report

© Reuters. Dollar holds steady ahead of U.S. employment data

Investing.com – The dollar was little changed against the other majors currencies on Friday, as investors awaited the release of key U.S. jobs data later in the day and remained cautious ahead of next week’s presidential election.

eased 0.08% to 1.1096, not far from Thursday’s three-and-a-half week high of 1.1128.

Investors were looking ahead to the U.S. nonfarm payrolls report due later in the day for further indications on the strength of the job market, after U.S. payroll processing firm ADP reported on Wednesday that rose less than expected last month.

Meanwhile, investors remained cautious after the FBI said last Friday that it would review more emails related to Hillary Clinton’s private email use while she was secretary of state.

The news sparked fresh uncertainty over Mrs. Clinton’s election prospects ahead of the November 8 vote, amid fears over the implications of a victory for Republican candidate Donald Trump.

Eslewhere, edged up 0.18% to 1.2484, close to the previous session’s one-month peak of 1.2496.

The pound remained supported after on Thursday that the government does not have the authority to trigger Article 50 of the Lisbon Treaty to start the UK’s exit from the EU without a parliamentary vote.

In addition, the Bank of England voted to on hold at 0.25% on Thursday and also left the quantitative easing program unchanged at £425 billion.

held steady at 102.96, off Thursday’s one-month low of 102.54, while was little changed at 0.9736.

The Australian dollar was steady, with at 0.7681, while shed 0.22% to 0.7316.

Earlier Friday, the Australian Bureau of Statistics said that rose 0.6% in September, beating expectations for a 0.4% gain. Retail sales increased by 0.5% in August, whose figure was revised from a previously estimated 0.4% uptick.

Meanwhile, added 0.12% to trade at 1.3412.

The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 97.21, just off Thursday’s three-week lows of 97.07.

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Dollar little changed vs. rivals, eyes on NFP report