Dollar steadies ahead of data, yuan rises in low volume

U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration

Euro flat before U.S. data
Analysts sceptical about further upside for the greenback
Yuan hits one-month high in low volume
Graphic: World FX rates

June 3 (Reuters) – The dollar was little changed on Friday, even as risk appetite picked up ahead of U.S. jobs data.

European shares were mostly higher as investors waited for data which could provide hints on the pace of the Federal Reserve’s policy tightening in the second half of 2022. read more

The ADP National Employment Report showed U.S. payrolls rising at a slower-than-expected pace last month. read more

Trading on Friday is quieter with markets in China, Hong Kong and the UK closed for public holidays.

The dollar was flat at 101.81 against a basket of…