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USD/JPY awaits US jobs data

The dollar-yen pair keeps the offered tone intact in early Europe as markets remain cautious amid sliding global equities, while a subdued US dollar against a basket of six currencies ahead of the US jobs release also dampens the sentiment around the major. At the time of writing, USD/JPY fades a spike to 112.37 and now trades at 112.20, down -0.34% on the day, while the Nikkei closed down -3.55% to 16,164 points.
Focus U.S NFP Data.
Markets now await the European open for fresh take on the overall market sentiment and hence, its impact on the yen moves. While the spotlight remains on the US non-farm payrolls data.

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