It is a quiet Tuesday session for the USD/JPY. There are no economic indicators from China or Japan to draw interest this morning. The lack of economic indicators will leave investors to reflect on the overnight US manufacturing PMI numbers ahead of the all-important US services PMIs and the US Jobs Report. Softer US inflation numbers from Friday and the overnight US ISM Manufacturing PMI numbers could signal a shift in sentiment toward the Fed. However, the US Jobs Report would need to disappoint to ease bets on a September move. In contrast, the latest economic indicators from Japan support the Bank of Japan’s ... (full story)