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Dollar Gains On Yen In Asia With Caixin China Services PMI Ahead
The dollar gained against the yen in early Asia on Thursday in a light regional data day outside of the Caixin services PMI out of China. USD/JPY changed hands at 112.61, up 0.09%, while AUD/USD traded at 0.7825, down 0.13%. Teh Caixin services PMI for December is expected to come in at 51.8, a tick down from 51.9 in November. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, were last quoted up 0.36% to 91.89. Minutes of the Fed's December meeting showed officials expect reductions in corporate and personal taxes to provide boosts to consumer ... (full story)