Share: USD/JPY trades nearly flat at 145.46 after dropping to a three-week low of 144.44. US Nonfarm Payrolls for August beat estimates, but Unemployment Rate misses, keeping the pair in check. Rising US Treasury bond yields lend some support to the USD. The Greenback (USD) stages a recovery against the Japanese Yen (JPY)
Share: GBP/USD remains on the defensive for the third successive day, albeit lacks follow-through. The emergence of some USD dip-buying turns out to be a key factor weighing on the major. The downside seems limited as traders seem reluctant ahead of the BoE meeting on Thursday. The GBP/USD pair struggles to capitalize on