Japanese Yen stays strong against a generally weaker USD – FXStreet

The Japanese yen has garnered interest from buyers for the second consecutive day, signaling renewed demand for safe havens. A slight decline in the USD has pulled USD/JPY down from its early weekly highs observed on Friday. The Bank of Japan’s dovish stance may limit JPY’s gains as attention shifts to this week’s FOMC meeting. […]

July Jobs Report ‘Generally’ ‘An Indicator of Continued Strength’

In an interview with Bloomberg on Friday, Acting Labor Secretary Julie Su responded to the July jobs report by saying that the number of jobs in July was “still above 100,000. It’s still broad-based,” adding, “Generally, this is an indicator that the economy remains strong.” Host Katie Greifeld asked, “You actually spoke to us back […]