TOKYO, Aug 30 Reuters The U.S. dollar on Wednesday clawed back some of the previous session39;s sharp declines as investors looked ahead to more labour market data for clues on the path for Federal Reserve policy.

The dollar index which measures the currency against six major peers including the yen and euro added 0.09 to 103.64 as of the Asian afternoon.

On Tuesday, the index had slumped 0.39 for its worst day in a month and a half, after a slide in JOLTS job openings to a 212 year low spurred traders to pare bets for further U.S. rate hikes.

With traders now sensitive to weaker U.S. data in hopes of the Fed39;s peak rate, I39;d expect USD bears to pounce on the back of any data which backs up the JOLTS jobs report, said Matt Simpson, a market analysts at City Index.

Whilst this brings excitement that yields and the U.S. dollar have topped, we39;d warrant some caution given it was in response to secondtier employment data, and there is plenty of more data to come out this week, culminating in Friday39;s monthly nonfarm payrolls report, Simpson added.

The twoyear U.S. Treasury yield , which is most sensitive to expectations for Fed policy, slumped as much as 18 basis points bps to 4.871 on Tuesday, before recovering to around 4.91 in Asian trading hours.

The 10year yield edged off Tuesday39;s low of 4.106, a level last seen on Aug. 11, to stand at 4.1354.

The dollar rose 0.23 to 146.205 yen . On Tuesday, it had surged to a 10month peak at 147.375 leading into…