Early Yen Gains Pared, A$ Outperforms On Crosses Post Jobs Data

USD/JPY has largely recouped earlier losses, the pair last near 156.20/25, sitting close to unchanged for the session. Earlier lows in the pair were at 155.38. The A$ is holding firmer post the jobs beat.

• JPY futures volume activity is now lower compared to earlier dealings. We have also seen a slight uptick in US yields, providing some USD support at the margins.
• Regional equity sentiment is mostly weaker, although US futures stayed in positive territory. The BBDXY index is up from earlier lows, last near 1247.8.
• AUD/USD is holding near 0.6730, but hasn't seen a great deal of positive follow through from the better than expected jobs data. Outperformance has been more evident on crosses. AUD/JPY is back to 105.10/15, up from earlier lows of 104.53.
• AUD/NZD got back close to 1.1100, although sits lower now (last near 1.1085). NZD/USD is back near 0.6070, off 0.20%.
• Trends elsewhere are skewed towards slight USD gains.