(Reuters) The dollar made modest gains against the yen on Friday, boosted by upbeat U.S. jobs data, but gains were limited by hopes that Washington and Beijing can repair the trade tensions that have spurred safe-haven buying of the greenback.
The strong jobs numbers did not boost the dollar more since investors remained focused on trade-related tensions, said Juan Perez, senior currency trader with Monex, Inc. in Washington.
The greenback draws safe haven flows during times of economic and political uncertainty. It came under pressure on Friday, after a Bloomberg report said President Donald Trump was seeking a trade agreement with Chinese President Xi Jinping before a meeting in Argentina at the end of November.
Improved risk sentiment provided support to commodity-linked currencies, including the Aussie and the kiwi, said Perez.
