The Japanese Yen (JPY) is up 0.2% against the US Dollar (USD) and outperforming all of the G10 currencies as we head into Friday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
In the absence of the US federal government’s data releases due to the shutdown, the preliminary figures of its monthly Consumer Confidence Index, released by the University of Michigan (UoM), are expected to gain extraordinary relevance on Friday.
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, recovering its recent losses registered in the previous session. The AUD/USD pair gains ground following the cautious remarks from the Reserve Bank of Australia (RBA) Governor Michele Bullock.