LONDON—The U.S. dollar edged higher on Friday, attempting to recoup some losses after its sharpest daily drop in more than two weeks, as traders turned their attention to U.S. jobs data for further clues about the strength of the economy.
The U.S. dollar index, which measures the greenback against a basket of currencies, was up 0.22 percent to 105.93, after sliding 0.68 percent on Thursday, the largest fall since July 19. It remains around 3 percent below its mid-July high.
Investors await the U.S. nonfarm payrolls report due at 1230 GMT, which will provide hints of how the U.S. economy is faring. Economists expect an increase of 250,000 jobs for the month of July, after 372,000 were added in June….
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