New Zealand Business NZ PMI increased to 51.4 in October from previous 49.9

The USD/JPY pair declines to near 154.50 during the early Asian session on Friday. The US Dollar (USD) softens against the Japanese Yen (JPY) as bets on a Federal Reserve (Fed) rate cut in December remain pretty divided. The Fed’s Lorie Logan and Raphael Bostic are due to speak later in the day.