USD/JPY Trading Lower, Japan's Wages Rise

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USD/JPY is trading at 100.98, down 0.21 The pair is trading just above the session lows. Market chatter about headline news and money flows has kept buyers and sellers active. Chatter about U.S. payroll data due out today and Japan's economy is making the rounds. Japan's Ministry of Health, Labour and Welfare reported that wages grew 1.3 percent in June versus a downwardly revised 0.1 percent decline in May. It was the best gain since March. The Cabinet Office reported the leading economic index edged down to 98.4 in June from 99.7 in May and the coincident index edged up to 110.5 from 109.9 in May.
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Posted In: FuturesForexMarketsJapanese YenUSD/JPYyen
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