The US dollar held its ground on Thursday as global markets braced for the release of key non-farm payrolls data.
Trading volumes remained subdued ahead of a US holiday, amplifying volatility concerns and keeping traders on high alert for potential shifts in sentiment.
Currency markets are particularly focused on the Japanese yen, which has weakened to 40-year lows against the dollar.
The extreme depreciation has heightened speculation about potential intervention by Japanese authorities, adding a layer of uncertainty to the session.
Traders are closely monitoring for any signs of official action to support the yen.
The upcoming US jobs report is expected to provide critical insight into the health of the labor market and influence the Federal Reserve's policy trajectory.