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USD/JPY Signal - US Average Hourly Earnings - 07 Jun 2019

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USDJPY is trading near 108.50 level ahead of the US jobs data. A big miss on the labor market data would further increase expectations of Fed rate cut. Today, forex traders will watch closely the Nonfarm payrolls and the wage growth data from the US.

usdjpy signal 07 jun 2019

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.