Dollar steady ahead of jobs data; yen hits two-week high

FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustrationTOKYO - The U.S. dollar held steady against peer currencies on Friday after rebounding from a two-week low, as traders braced for a key jobs report due later in the day and grew cautious over tensions in the Middle East.

The dollar has had a turbulent week, falling from a five-month high to a two-week low after an unexpected slowdown in U.S. services growth supported expectations of bringing interest rates down.Comments overnight from Minneapolis Federal Reserve President Neel Kashkari that rate cuts might not be required this year if inflation continues to stall helped the dollar rebound from the dip.

"Markets will likely be sensitive to any surprise in the jobs data today to assess the path of monetary policy from here," said Charu Chanana, head of currency strategy at Saxo.The dollar index, which measures the greenback against a basket of major currencies, was last largely unchanged at 104.18. -- Bank of Japan Governor Kazuo Ueda said he sees the possibility of achieving the central bank’s inflation target steadily rising between the summer and autumn, according to a report in the Asahi newspaper. Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.

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