SINGAPORE : The dollar hovered close to its highs for the year in choppy trade on Wednesday as investors' focus turned to U.S. jobs data and to a likely rate hike in New Zealand.
U.S. non-farm payrolls data due on Friday is seen as crucial to informing the Fed's tone and timing, especially should the figures wildly impress or disappoint. Private payrolls figures, a sometimes unreliable guide, are due around 1215 GMT. Elsewhere, commodity-linked currencies drew support from oil prices, which have surged to three-year highs. The Canadian dollar sits near a one-month peak and is close to testing its 200-day moving average. Against the euro, the Canadian dollar hit a 19-month high.
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