The US dollar got a lift on Wednesday from rising Treasury rates and touched a monthly high against the yen before losing some steam on weaker-than-expected US private-sector jobs numbers. The dollar last stood at 102.57 yen after trading as high as 102.79 yen, near a level last touched on May 5. The US dollar index, composed of six major currency pairs, was last up 0.09 percent at 80.625 after peaking at 80.677.
The dollar's early gains against the euro and other currencies were trimmed by the ADP National Employment Report, according to currency strategist Martin Schwerdtfeger at TD Securities in Toronto. The euro, which had been flirting with a $1.40 as recently as May 8, was off 0.08 percent against the dollar at $1.3615. Sterling was flat at $1.6750.
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