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Dollar Steady Amid US Jobs Data Anticipation

Tokyo: The dollar held steady on Thursday as markets awaited key US non-farm payrolls data, while the yen's slide to 40-year lows against the greenback continued to draw attention.

According to Qatar News Agency, the dollar index, which measures the greenback against a basket of currencies including the yen and the euro, eased slightly by 0.02% to 101.38. The euro traded at $1.138 against the US dollar, while sterling edged 0.06% higher to $1.3279.

Overnight developments saw the yen sinking to 162.84 yen against the dollar, marking a 40-year low and surpassing levels that had previously triggered intervention by Japanese authorities. In early trading, the yen remained relatively stable at 162.50 per dollar.

In other currency movements, the Australian dollar decreased by 0.09% against the greenback to $0.6885. Meanwhile, New Zealand's kiwi was trading at $0.5672.

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