Skip to main content

USD/JPY back into mid-range as US data awaits

Leaving aside all the market interest in the ECB policy decision very shortly, we should not forget there are some quite important US economic releases due soon after that, at 12.30pm GMT. We have the September Retail sales numbers (expected to rise slightly, around 0.3% last month) and the latest Philadelphia Fed index (expected to improve to 3 in October from 1.7). There is also the latest weekly jobless claims data out too. An update will follow here once all these hit the screens. Earlier the USD/JPY reached a session high at 149.87. It is now slipping back towards the middle of the range on the day, currently trading at 149.54

Ready to Get Started?

Start here. Join over 3M Libertex users around the world!