The US dollar was slightly up at 92.3 against a basket of currencies on Friday as investors await the US jobs report due later in the day, which is expected to show the largest payroll increase in seven months as the world’s largest economy consolidates its recovery from the pandemic hit. A stronger-than-expected number could make the case for faster US policy tightening. Earlier in the week, Federal Reserve Vice Chair Richard Clarida suggested conditions for hiking interest rates might be met as soon as late 2022.
