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Dollar on The Up Before Payrolls, China Virus Remains a Risk
Friday, 7 February 2020 08:34 WIB | CURRENCIES |USD/JPY,Dolar AS YenDOLLAR

The dollar traded near a two-week high versus the yen on Friday on upbeat U.S. economy indicators ahead of key jobs data, but the spread of a new coronavirus in China remains a risk to financial markets.

Recent improvement in U.S. economic data has given some traders respite from concerns about the new virus, but these concerns are likely to loom large for weeks as investors asses the scale of the economic impact.

The dollar traded at 109.97 yen on Friday in Asia, just below a two-week high hit earlier. For the week, the dollar was on course for a 1.5% increase versus the yen, which would be its biggest weekly gain since July 2018.

Source : Reuters

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