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ForexLive Asia-Pacific FX news wrap: Awaiting the Non-farm Payroll report

ForexLive Asia-Pacific FX news wrap: Awaiting the Non-farm Payroll report
Ranges for major FX rates were subdued as Asia-Pacific traders were content to await the US jobs report due at 8.30am US Eastern time. News flow was very light, as was data flow. We did get another poor data point in the August wages information from Japan. Real wages in August declined for a 17th month in a row. This is important as the Bank of Japan has persistently been emphasising that sustainable wage rises is a prerequisite for deciding whether and how to dismantle its ultra-loose monetar... Read More
Posted: Oct 6 2023, 03:12
Author Name: forexlive
Views: 091946

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