USD/JPY lures buyers around mid-140.00s despite downbeat Japan Unemployment Rate, focus on risk catalysts – by anilpanchal7 USDJPY RiskAversion BOJ Fed Employment
Japan Unemployment Rate eases, Jobs/Applicants Ratio remains static in April.
That said, Japan’s Unemployment Rate eased to 2.6% in April versus 2.7% expected and 2.8% prior whereas the Job/Applicants Ratio remained static near 1.32 during the stated month. Elsewhere, the recently upbeat US data propel the hawkish Fed bets despite fears that the US debt-limit agreement advocates for more bond issuance and negatively affect the market’s. The same, however, struggles with the challenges for the Bank of Japan’s further dovish bias amid recently firmer inflation numbers from the Asian major.
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