Forex Market News

JPYINR Trading Range For The Day Is 56.85-57.9

JPY gained recovering from losses as the risk sentiment wavered as investors were awaiting the release of key U.S. employment data. The monetary base in Japan advanced 19.8 percent on year in April, the Bank of Japan said – coming in at 456.239 trillion yen. The services sector in Japan continued to expand in April, although at a slower pace, the latest survey from Nikkei revealed with a services PMI score of 52.2.
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