New york: The dollar fell Thursday amid bond market jitters and weak US labor market data, reinforcing expectations of a US interest rate cut in September.

According to Qatar News Agency, the euro held onto its overnight gains, reaching $1.1658 in its latest session, while the pound sterling remained steady at $1.3442. The Japanese yen last traded at 148.12 per dollar after achieving a small gain in the previous session.

In the currency market, the Australian dollar remained steady at $0.6545, while the New Zealand dollar was last noted at $0.5881. The dollar index, a measure of the US currency against six other units, was flat at 98.178 following a decline of 0.17 on Wednesday.

In the bond market, the yield on 30-year US Treasury bonds reached 4.891%, having peaked at 5% on Wednesday, which was its highest level in about a month and a half.