United States Monthly Budget Statement registered at $-64.4B above expectations ($-81.5B) in August

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Sep 11, 2015

USD/JPY drops on Friday, ends week higher

USD/JPY is moving toward Friday’s low that lie at 120.35 near the end the week. The pair approached during the Asian session 121.00 but then turned to the downside and bottomed at 120.35.

China dominates the scene - TDS

Analysts at TD Securities explained that China continues to dominate the scene. The CNH-CNY spread has come to the attention of the PBoC that has started to implement measures to narrow the gap.