Greenback eases ahead of key US data

Tokyo

THE US dollar eased against the yen on Wednesday as investors await a key US jobs report later this week.

In Tokyo, the greenback slipped to 119.68 yen from 119.74 yen in New York, coming off levels above 120 yen earlier on Tuesday. The euro was at US$1.1166 from US$1.1178 in US trade.

Traders see the US dollar as "top heavy" around 120 yen, a bank dealer told Jiji Press news agency, while another currency dealer said that it was "difficult to build large positions" ahead of the US employmen…