Key Highlights USD/JPY started a recovery wave above the 142.00 resistance. It broke a major bearish trend line with resistance at 142.60 on the 4-hour chart. Bitcoin price recovered losses, but it might struggle above $43,800. The US nonfarm payrolls could change by 170K in Dec 2023, down from 199K. USD/JPY Technical Analysis The US […]
The post USD/JPY Regains Strength Ahead of US NFP Report appeared first on Action Forex.
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The Federal Reserve’s preferred measure of inflation edged higher in October, data indicated Wednesday, thanks in part to an ongoing boom in consumer spending that is challenging the central bank’s effort to tame price pressures. Read more…
U.S. personal income grew by 0.6% mom in October, exceeding market expectations of a 0.3% mom rise, with a total increase of USD 147.4B. Personal spending also climbed, rising 0.4% mom or USD 72.3B, aligning Read more…