USD/JPY is once again the notable mover as we start the new week, with the pair down 0.5% to 132.50 levels at the moment. Other major currencies are little changed as we look to settle into the new month though there won’t be much time to rest on your laurels. Central bank bonanza will continue this week and we also have the US non-farm payrolls on the agenda on Friday.
The Fed stressed data dependence and the two big ones to watch will be the US jobs report and consumer inflation data before the next FOMC meeting on 22 September. We will be getting two of each before that and the first of those releases will come at the end of this week.