Focus will be on the release of U.S. employment data, remarks by BOJ Governor Ueda and recent developments in the U.S. stock market following its significant correction. These developments are expected to be the focus of today's currency market.
Today's focus is on the release of U.S. employment data, remarks by BOJ Governor Ueda and recent developments in the U.S. stock market following its significant correction. U.S. employment data include nonfarm payrolls, the unemployment rate, manufacturing payrolls and average hourly earnings, while the preliminary reading of the University of Michigan Consumer Sentiment Index is also scheduled for release.
The currency market is being shaped by a mixture of weekend factors, movements in U.S. long-term interest rates and remarks by Federal Reserve officials, which could affect the dollar-yen and euro. Attention is also focused on remarks by BOJ Governor Ueda.