The US Dollar (USD) remains moderately bid against the Japanese Yen (JPY) on Friday, crawling up above 159.00, and nearing 160.00, allegedly the limit of tolerable JPY weakness for Tokyo.
The Australian Dollar (AUD) is down 0.25% to near 0.7130 against the US Dollar (USD) during the European trading session on Friday.
The AUD/USD pair loses ground to near 0.7140 during the Asian trading hours on Friday. The Australian Dollar (AUD) weakens against the US Dollar (USD) as a rise in Australia’s jobless rate will give the Australian central bank more reason to delay another interest rate hike at the June meeting.