Manama: The US dollar held largely steady on Friday as bond markets stabilised and traders awaited key US jobs data. The dollar index stood at 98.207, heading for a 0.4% weekly gain. The dollar slipped 0.2% to 148.22 yen, while the euro edged up 0.1% to USD 1.1656.
According to Bahrain News Agency, the pound rose 0.1% to USD 1.3447, the Australian dollar saw a 0.1% increase to USD 0.6525, and the New Zealand dollar climbed 0.2% to USD 0.5855. These movements in currency values came amidst a backdrop of stabilising bond markets, which had been experiencing volatility in recent times. Traders and investors are now focusing on the upcoming US jobs data, which is expected to provide further insights into the economic climate and influence future monetary policy decisions.