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08.05.2020 Usd/Jpy Daily Analysis

Usd/Jpy is trading at $106.42, it went up with $0.16 mainly because Japan released overnight Labor Cash Earnings for March which increased by 0.1% when

Yazar: editor_1

Yayınlanma: 8 Mayıs 2020 18:06

Güncellenme: 12 Kasım 2024 05:27

08.05.2020 Usd/Jpy Daily Analysis

Usd/Jpy is trading at $106.42, it went up with $0.16 mainly because Japan released overnight Labor Cash Earnings for March which increased by 0.1% when compared to a year earlier, missing the expectations of the market.On the other hand, Thursday’s report revealed that 3.169 million Americans claimed unemployment last week, with over 31 million Americans losing their jobs since late March and an unemployment rate of 16%. In addition today US non-farm payroll reports are going to be announced and this will have an impact on the Usd/Jpy pair.
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