U.S. Dollar Steady before Jobs Data

The dollar drifted slightly lower in early Asian trading on Friday, as investors cautiously awaited the latest non-farm payrolls report for clues on the health of the U.S. labour market and the broader economy.

The payrolls data, which is due later Friday, is expected to show that employers added 185,000 jobs in January, according to the median estimate of 101 economists polled by Reuters.

The number of Americans filing new claims for unemployment benefits fell more than expected last week, data showed on Thursday, dropping by 20,000 new claims.

CNBC

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