Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY spikes to fresh session highs above 146 on news wire reports
A headline just now breaking on a major financial news wire is citing Bank of Japan sources as stating there is no immediate need to change the current monetary policy stance. The article also cites BOJ reports as noting, there is no evidence of a sustainable increase in Japanese inflation. So, the USD/JPY has just now risen above the146 handle following this news. It is currently trading at 146.25
Market News
All News-
Powell offers few clues but does talk PCE lower- USD/JPY edges backwards
The USD/JPY was falling back after the US data drop, as covered in the previous couple of updates. It has just edged a little lower following comments...
-
S+P 500 futures rise after US data drop
So, all the US data has now been delivered and as just noted in the previous update it was not conducive to higher US interest rates and as such that...
-
US Retail sales miss as does PPI- EUR/USD lifts above 1.12 once more
The US PPI, weekly jobless claims and latest retail sales data have all now just been released. The upshot of all this is net dollar negative. Retail...
