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US Labour and inflation data in focus today

USD
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  • It was a mixed overnight session for the Dollar, was closer to flat against the NOK, CAD, EUR, GBP and the SEK.
  • Best performers were the Kiwi (up 0.29%) and AUD (up 0.27%), the Yen was down (0.22%) going into the EU Cash Govie open.
  • Since the Cash open, the Kiwi and Aussie are still leading, the Yen is still down 0.22%, while CAD, GBP, EUR, SEK, NOK are starting to edge in the green.
  • Besides the 72 pips range in the USDJPY, G10 FX are fairly contained ahead of the ECB and more US labour (IJC) and Inflation (PPI) data later today.
  • USDJPY continues to be quite Volatile and has recovered some 224 pips from Yesterday low to Today's high.
  • Given some of the very wide traded range in USDJPY, and the Yen in General, Technical levels are becoming even wider.
  • Main support in USDJPY is at the December 2023 low of 140.25, did print a 140.71 low Yesterday, and initial resistance comes at 143.71 High Sep 9.
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  • It was a mixed overnight session for the Dollar, was closer to flat against the NOK, CAD, EUR, GBP and the SEK.
  • Best performers were the Kiwi (up 0.29%) and AUD (up 0.27%), the Yen was down (0.22%) going into the EU Cash Govie open.
  • Since the Cash open, the Kiwi and Aussie are still leading, the Yen is still down 0.22%, while CAD, GBP, EUR, SEK, NOK are starting to edge in the green.
  • Besides the 72 pips range in the USDJPY, G10 FX are fairly contained ahead of the ECB and more US labour (IJC) and Inflation (PPI) data later today.
  • USDJPY continues to be quite Volatile and has recovered some 224 pips from Yesterday low to Today's high.
  • Given some of the very wide traded range in USDJPY, and the Yen in General, Technical levels are becoming even wider.
  • Main support in USDJPY is at the December 2023 low of 140.25, did print a 140.71 low Yesterday, and initial resistance comes at 143.71 High Sep 9.