TOKYO: The dollar stayed under modest pressure on Friday ahead of a key U.S. jobs report that could cement expectations of a strong economic recovery and fan investor appetite for stocks, higher-yielding currencies and commodities.
U.S. payrolls data due at 1230 GMT will likely confirm the economy's solid path to recovery from the pandemic, analysts said. Economists expect 978,000 new U.S. jobs for April, according to a Reuters poll. "I often hear people say they are fine with the idea of selling the dollar. The question is becoming, what you should buy against the dollar?"
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