Dollar loses steam after jobless claims data; Kuroda takes centre stage in Asia

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Reuters UK

By Rae Wee SINGAPORE (Reuters) – The dollar paused its ascent on Friday after a rise in jobless claims in the United States implied possibly easing conditions in the labour market and tempered expectations of further aggressive rate hikes from the Federal Reserve. In Asia, moves were subdued as markets remained on guard ahead of the Bank of Japan’s (BOJ) monetary policy decision at the conclusion of a policy meeting, the last to be chaired by incumbent BOJ Governor Haruhiko Kuroda before he steps down in April. The yen held steady in early Asia trade, and was last 0.2% higher at 135.89 per dol…

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