Japan’s real wages rose 1.0% yoy in March, marking the third consecutive monthly increase as moderating inflation helped household purchasing power improve. The data suggest that wage growth is increasingly starting to outpace consumer price pressures, supporting hopes for a more sustainable recovery in domestic demand. Nominal wages increased 2.7% yoy, extending gains to a […]
The post Japan Real Wage Growth Extends Gains Despite Slower Nominal Pay Growth appeared first on ActionForex.
Dollar is heading into today’s US payrolls report in a vulnerable position—not necessarily because the labor market is collapsing, but because markets are currently focused on risk appetite rather than pure Federal Reserve pricing. Markets Read more…
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Key Highlights USD/JPY started a recovery wave from the 155.00 support zone. A bullish trend line is forming with support at 156.45 on the 4-hour chart. EUR/USD is now at risk of a downside break Read more…