TOKYO: The dollar edged up in Asia Friday ahead of US jobs data later in the day that are seen as key to the Federal Reserve’s plans for its stimulus programme.
The greenback fetched 101.84 yen in Tokyo midday trade, slightly up from 101.77 yen in New York Thursday.
The euro bought $1.3665 and 139.18 yen, against $1.3666 and 139.08 yen in US trade.
The US Commerce Department on Thursday said the world’s biggest economy grew 3.6 percent in the third quarter, well above the 3.0 percent predicted by analysts.
Also, the Labor Department said first-time claims for unemployment benefits, a sign of the pace of layoffs, fell below 300,000 last week.
The upbeat figures are the latest pointing to a pick-up in the US economy, raising the prospect of the Fed cutting its monetary easing scheme this month instead of early next year.
A pullback on the scheme is seen as positive for the dollar.
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