Forex news for Asia trading Friday 4 November 2016
We had a choppy session for USD/JPY ahead of the nonfarm payroll report due in the US morning today. After a quiet Tokyo open (Japan back from a holiday yesterday) USD/JPY moved higher to 103.20, and then just as quickly fell back to hit late-US lows under 102.90 … before jumping again to around 103.10. News flow was light (virtually non-existent), pre-NFP jitters perhaps contributing to the moves.