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Dollar falls ahead of US jobs data

The dollar fell on Friday as risk appetite increased ahead of US jobs data due later on Friday.

Trading witnessed a great calm today, Friday, with the London markets closed due to a public holiday.

The dollar index fell 0.1 percent to 101.75 against a basket of other major currencies, while the euro rose 0.1 percent to $1.0747.

Meanwhile, the Swiss Franc is hovering around mid-May levels after SNB President Thomas Jordan indicated that the central bank may take action if inflation pressures persist.

The Swiss National Bank has so far stuck to its ultra-loose policy, but prices in the country rose to a nearly 14-year high in May.

The yen was not far from a 10-year low against the dollar at around 130 with the Bank of Japan sticking to a deeply low-interest rate policy.

Bank of Japan Governor Haruhiko Kuroda said on Friday that it is not desirable for prices to rise too much when household income growth remains weak.

The Canadian dollar was steady at 1.2571 against the dollar, having jumped the previous day, as the Bank of Canada opened the door to a sharper tightening pace.

As for cryptocurrencies, Bitcoin rose about 0.6 percent and recorded in its latest trading of $ 30,379. Ether fell one percent to $1,815.

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