Federal Reserve Governor Stephen Miran speaks about the job market and the monetary policy for Yahoo Finance on Wednesday. He said that the ADP data was a welcome surprise and that he sees additional investment demand over time.
USD/JPY remains around 153.60 as Japan’s on-hold policy stance keeps the pair elevated despite yield-based valuation concerns, BBH FX analysts report.
USD/CAD continues its winning streak for the fifth consecutive day, trading around 1.4110 during the Asian hours on Wednesday. The pair gains ground as the commodity-linked Canadian Dollar (CAD) faces challenges amid weakening Oil prices.