Dollar faces summer turning point amid yen interventions, US jobs report

Employment figures weigh heavier on market even as seasonal adjustments are less reliable U.S. employment data due to be released Aug. 7 will be a key indicator for the direction of Federal Reserve policy. © Reuters TOKYO — The dollar's long-running strength in foreign exchange markets shows signs of fatigue after yen-buying interventions bolstered the Japanese currency against the greenback, a shift that could be exacerbated by the upcoming U.S. jobs report.

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