Investing.com - The Australian dollar was slightly weaker Friday in narrow trade ahead of October Reserve Bank of Australia private sector credit data and following the U.S. Thanksgiving holiday with markets there closed overnight and opened for a half day today.
AUD/USD traded at 0.91040, down 01%, in a range of 0.9095 - 0.9110 ahead of private sector credit at 1130 local time (0030 GMT) forecast to show a gain of 0.3%
USD/JPY traded at 102.34, up 0.03%, ahead of a busy data day that includes October unemployment data at 0830 local time (2330 GMT) expected to show a rate of 3.9%, at the same time comes national consumer prices forecast to show a gain of 0.9% year-on-year and October industrial production forecast to gain 2.0% month-on-month, among other data releases including household spending.
Overnight the dollar traded at six-month highs against the yen and the euro was close to one month highs against the dollar in thin trade.
The yen has weakened amid expectations that the Bank of Japan will expand its monetary stimulus program in the coming months in order to meet its target of 2% inflation by 2015.
The U.S. dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, traded at 80.63, down 0.12%.
AUD/USD traded at 0.91040, down 01%, in a range of 0.9095 - 0.9110 ahead of private sector credit at 1130 local time (0030 GMT) forecast to show a gain of 0.3%
USD/JPY traded at 102.34, up 0.03%, ahead of a busy data day that includes October unemployment data at 0830 local time (2330 GMT) expected to show a rate of 3.9%, at the same time comes national consumer prices forecast to show a gain of 0.9% year-on-year and October industrial production forecast to gain 2.0% month-on-month, among other data releases including household spending.
Overnight the dollar traded at six-month highs against the yen and the euro was close to one month highs against the dollar in thin trade.
The yen has weakened amid expectations that the Bank of Japan will expand its monetary stimulus program in the coming months in order to meet its target of 2% inflation by 2015.
The U.S. dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, traded at 80.63, down 0.12%.