USD/JPY again tied to a tight range in Asian trade Friday, as Japanese markets remain closed for the “Golden Week” holidays. The pair was also quiet ahead of the US jobs report, expected at 1230GMT. Offers above Y80.30 and bids around Y80.00/05 kept the pair in a range of Y80.15 to Y80.27, with little in the way of news to push the level in either direction. EUR/JPY was also rangebound, last trading at Y105.44, having traded a range of Y105.35 to $105.58. Aussie-yen was modestly lower, as the AUD was lower across the board on what was seen as a dovish monetary policy statement from the RBA. Tokyo markets return to the fray on Monday. US employment report expected at 1230GMT.
EasyForexNews Research Team