Dollar edges higher ahead of payrolls, resumes climb versus yen

U.S. dollar and Japan yen notes are seen in this photo illustration June 2, 2017. REUTERS/Thomas White/Illustration

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TOKYO, April 1 (Reuters) – The dollar extended a rebound versus major peers on Friday, also resuming its rally against the yen, ahead of a key U.S. jobs report that could cement the potential for a 50 basis-point Federal Reserve interest rate hike next month.

The U.S. currency also garnered support due to its status as a preeminent safe haven, with peace talks between Russia and Ukraine stumbling, though they are set to resume later on Friday. read more

The dollar index , which gauges the greenback against six counterparts including the euro and yen, rose 0.10% to 98.420, building on Thursday’s 0.50% climb.

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Mid-week, it sank to a four-week trough of 97.681 amid a month-long consolidation that followed a breathless climb…

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