Saturday , 23 November 2024
Home Forex USD/JPY edges lower after stronger-than-expected Japanese inflation, stimulus package
Forex

USD/JPY edges lower after stronger-than-expected Japanese inflation, stimulus package

USD/JPY is trading a touch lower in the 154.30s on Friday as the Japanese Yen (JPY) strengthens against the US Dollar (USD) due to the release of higher-than-expected Japanese macroeconomic data, and Tokyo’s announcement of a $250 billion economic stimulus package.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

CCI Histogram Volume MT5 Indicator

The world of financial markets can feel like a whirlwind of charts,...

Global Market Weekly Recap: November 18 – 22, 2024

Global markets rallied despite heightened Russia-Ukraine tensions, with gold and oil gaining...

FX Weekly Recap: November 18 – 22, 2024

Major currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied...

Fed: U.S. government fiscal sustainability tops the list of financial system risks

The Fed's twice yearly Financial Stability Report highlights: U.S. government fiscal sustainability...