USD/JPY climbs from two-month trough
Economies.com
2021-05-05 06:28AM UTC
USD/JPY tilted higher in Asian trade off March 9 lows, amid a lack of data from Japan due to a bank holiday, and ahead of a spate of US data later today.
As of 07:23 GMT, USD/JPY rose 0.06% to 109.40, with an intraday high at 109.42.
From the US, private sector employment is expected up 872 thousand in April, compared to a 517K increase in March.
Federal Reserve Bank of Chicago President Charles Evans is due to deliver opening remarks at an online event hosted by the Federal Reserve Bank of Chicago.
US Markit services PMI is expected up to 63.1 in April, while the ISM services PMI is expected up to 64.2 from 63.7 in March.
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