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By Staff
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TOKYO, May 30 (Reuters) The dollar was firmer against the yen on Tuesday as traders re-focused attention on the outlook for interest rate differentials and looked ahead to U.S. data for clues to direction.

A flurry of high-profile U.S. economic indicators are due this week, including the closely watched monthly employment report on Friday.

''I think the market will try and get a sense of the market's direction after seeing the U.S. jobs data,'' said a trader at a European bank.

Signs of solid economic activity and inflationary pressures could cement market expectations for another U.S. interest rate rise in June and help boost the dollar, traders say.

The market may also take some cues from the Conference Board's May consumer confidence index for May to be released on Tuesday, said a trader at a major Japanese bank.

The dollar stood at 112.43 yen by 2332 GMT, up slightly from 112.24 yen in late European trade on Monday.

The euro stood at $1.2751 compared to $1.2762.

Financial markets in London and New York were closed on Monday for holidays.

The yen seemed to receive little impact from data showing that Japan's unemployment rate was unchanged at 4.1 percent in April, in line with a median forecast of economists polled by Reuters.

The jobs-to-applicants ratio stood at 1.04, meaning there were 104 jobs available per 100 job seekers. The median market forecast had been 1.02.

Reuters VJ VP0540

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