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Forex pairs in this Article » USD/JPY
FXstreet.com (Lisbon) - The USD has rebounded modestly in the Asian trading session overnight with the USD/JPY rising back towards the 100.00-level, notes the BTMU Research Team.

Key quotes

“It comes at the end of a week of consistent US dollar selling pressure following the release late last week of the weaker than expected US employment report for August. The report has resulted in the US dollar weakening heading into next week’s key FOMC meeting on the 18th September.”

“The main downside risks for the USD from next week’s meeting would be if the Fed decided not to begin tapering QE, and/or if the Fed also strengthened its commitment to maintain low rates perhaps by either lowering the 6.5% unemployment rate threshold or combining it with an explicit inflation threshold of say 2.0% which could act to push back rate hike expectations.
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