Yen Stabilizes In A Broad Range But Focus Is On Today’s U.S. Employment Report


Source: seekingalpha.com seekingalpha.com

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narvikk/iStock via Getty Images Overview: The US dollar is a little firmer ahead of the November employment data. It is trading mostly inside yesterday's range. It is in a wide range against the Japanese yen (~JPY142.50-JPY144.50) even if not as wide as yesterday (~JPY141.70-JPY147.30). The Canadian and Australian dollars are the strongest among the G10 currencies, while the South Korean won, and Taiwanese dollar are the best performers among the emerging market complex. Gold, which also traded in an extremely wide range at the start of the week has coiled back in a narrow range and is confined to about...