USD/JPY resumes gains in Asian trade

Economies.com
2021-03-03 05:59AM UTC

USD/JPY tilted higher in Asian trade off February 15 lows, edging near August 2020 highs amid a lack of data from Japan and ahead of US data later today. 

 

As of 06:54 GMT, USD/JPY rose 0.17% to 106.87, with an intraday high at 106.89. 

 

From the US, private sector employment is expected up 203 thousand in February, compared to a 174K increase in January. 

 

US ISM services PMI is expected up to 58.9 from 57.4 in January. 

 

Federal Reserve Bank of Chicago President Charles Evans is due to speak about the economy at an online event hosted by the Chartered Financial Analyst Society Chicago.

 

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