USD/JPY bounces off one year high

Economies.com
2021-04-05 06:00AM UTC

USD/JPY tilted lower in Asian trade off March 2020 highs for the second session in four, amid a lack of data from Japan and ahead of some US data today.

 

As of 06:53 GMT, USD/JPY fell 0.02% to 110.65, with an intraday low at 110.67, and a high at 110.75. 

 

From the US, Markit services PMI is expected up to 60.3 from 59.8 in February, while factory orders are expected down 0.5% in February. 

 

ISM services PMI is expected up to 58.3 from 55.3 in February, days after strong labor data for March that were shown last Friday.

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