US Dollar Pressure Continues

USD/JPY trades steady as weak US data offsets cautious yen stance The US Dollar remains under pressure after weaker-than-expected US economic releases. The US private sector added 44K jobs in July, below the market consensus of 70K. The Employment Index fell to 4

USD/JPY trades steady as weak US data offsets cautious yen stance

The US Dollar remains under pressure after weaker-than-expected US economic releases.

The US private sector added 44K jobs in July, below the market consensus of 70K.

The Employment Index fell to 47.4 from 51.2 previously, highlighting softer hiring conditions.

The USD/JPY trades around 157.65, little changed on the day, as investors weigh weak US data and market sentiment.

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