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Forex pairs in this Article » USD/JPY (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank notes that the USD/JPY may await further cues intra-day with the ADP report, Beige Book, and non-manufacturing ISM on tap during the NY session.

Key Quotes

“During Asian hours, look also towards a speech by the BOJ’s Sato for further catalysts.”

“In the interim, any further hiccups in global risk appetite levels may see the pair consolidate lower to the 102.00 floor, while a near term cap is expected towards 102.80.”
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