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Forex - Yen gains in early Asia as focus sharpens on U.S. data, Fed

Yen stronger as focus turns to U.S.

Investing.com - The yen gained in early Asian trade on Monday in the lasts ession of the month as investors start putting the U.S. in sharper focus.

New Zealand is to release private sector data on business confidence, while Australia reports on company operating profits and privaet sector credit which is expected to show a gtain of 0.5%..

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, fell 0.05% to 96.09.

In the week ahead, investors will be focusing on Friday’s U.S. jobs report for August, which could help to provide clarity on the likelihood of a near-term interest rate hike.

Markets will also be...


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