The US dollar is broadly slumping as Treasury yields fall and dollar bulls take profit.
The soft non-farm payrolls headline is winning the day and there's a UBS note circulating (aided by Nick Timiraos) that argues that next month's average hourly earnings number will be low.
![AHE](https://images.forexlive.com/images/AHE_id_78da6c0c-f07c-4990-be2f-0403f148cd1c_original.jpg)
Fed pricing hasn't changed with about 9 bps of additional hiking priced in. The data focus moves to next week's CPI where the consensus is +3.3% y/y, up from 3.0% but that's coupled with relatively-benign readings on headline and core at +0.2% m/m.
USD/JPY is at the lows of the week and flirting with 142.00.
![USDJPY 1 h](https://images.forexlive.com/images/USDJPY%201%20h_id_e536124f-1452-4054-aa83-3ec79a171ab3_original.jpg)
Technically, there isn't much below in the way of support.
EUR/USD has also busted through 1.1000 and continued to 1.1020 which is a shade above the Aug 1 high.
![EURUSD 1h](https://images.forexlive.com/images/EURUSD%201h_id_4ae1c33d-f000-4c7c-ba15-9ebfb27eeb0b_original.jpg)