The dollar headed for its first monthly advance against the yen since May on mounting speculation U.S. monetary policy will further diverge from that of the Bank of Japan.
Firms across the country added 177,000 workers to their ranks this month, according to payroll processor Automatic Data Processing Inc. and forecasting firm Moody’s Analytics. Economists surveyed by The Wall Street Journal expected an increase of 180,000.
The Federal Reserve, with its bargain-basement interest rates and money printer always on standby, is manipulating financial markets and crushing capitalism, bond king Bill Gross said in his latest broadside against the U.S. central bank.
Next Trading Day's Important Events
- 17:00 (GMT 3) US PMI from ISM
- USDJPY: 103.40
- EURUSD: 1.1138
- S&P 500: 2,169.30
- NASDAQ : 5,210.67