Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY steps back below 150.50 as Yen yields lift
Following on from an earlier update this morning, noting the higher than forecast Japanese CPI data, the Yen has understandably gained this morning. The USD/JPY rose to a high yesterday at 150.84. It closed in the US last night at 150.70. That higher than forecast CPI data has helped to push the dollar lower, but in real terms not by that much. The low seen was set at 150.41 and perhaps the main reason for that was because, despite beating forecasts, that CPI data was lower than recorded in December. However, it remains to be seen, if the USD/JPY can regain the modest momentum it had yesterday. Right now, that seems a little doubtful. The USD/JPY is currently trading at 150.47
Market News
All News-
DAX reclaims some lost ground, but how much further can it rebound?
Earlier this morning the DAX opened lower and crumbled to a new low on the week, at 22,469. The index had closed yesterday at 22,839 and reopened this... -
FTSE 100 under pressure as UK yields rise
If you look across the global bond markets right now you will see that yields are rising- ergo bonds are be being sold. That is very evident across... -
S+P 500 futures feeling the heat- rebound correction over?
The European stock market opening has seen markets reeling and of course this is all about the 25% Trump auto tariff and the impact that is having...
