1Finance

Dollar/yen was leaning lower in a week that saw further political issues for President Trump. Nevertheless, the pair maintains a distance from the 108.10 level which remains critical.



The last week of August and the first day of September provide a lot of action. A revised measure of GDP, consumer confidence and a short buildup to the Non-Farm Payrolls stand out. Will wages finally rise in the US? The report for August will probably show more of the same. In Japan, we will get industrial output, retail sales, and unemployment. However, politics in the US and geopolitics will move the safe-haven yen more than anything else.

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