Forex
globalreutersSeptember 30, 20241 Mins read
USD/JPY higher to open the week – update after weekend news and Monday data
globalreutersSeptember 30, 20241 Mins read The yen rocketed higher on Friday on political news:
When I say rocketed, I am not exagerrating. USD/JPY was above 146.00 and ended Frdiay down near 142.00.
We’ve had a bit of a rebound/retracement in early Monday trade.
News and data:
- Japan data – August Industrial production -3.3% m/m (expected -0.9%)
- Japan August Retail Sales 2.8% y/y (expected 2.3%)
- Talk of a Japanese election October 27
This article was written by Eamonn Sheridan at www.forexlive.com.
Recent Posts
Categories
Related Articles
Japanese Yen pauses recent rally due to dovish comments from upcoming PM Ishiba
The Japanese Yen (JPY) edges lower against the US Dollar (USD) on...
Silver Price Forecast: XAG/USD loses traction to near $31.50 ahead of Fed’s Powell speech
Silver Price (XAG/USD) attracts some sellers to near $31.55 during the early...
Philippines Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in Philippines on Monday, according to data...
Japan Housing Starts (YoY) fell from previous -0.2% to -5.1% in August
Japan Housing Starts (YoY) fell from previous -0.2% to -5.1% in August
Leave a comment