Market Overview

USD/JPY Trading Lower Ahead of Data

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USD/JPY is trading at 100.74, down 0.40

The pair is trading near the lows of the day.

Market talk about comments by Japanese policy makers has kept both buyers and sellers active.

Chatter about economic data due out later this evening is starting to show up.

The Bank of Japan (BOJ) Is scheduled to report bank lending figures at 7:50 p.m.ET and the Ministry of Health, Labour and Welfare is due to release wage data at 8:00 p.m. ET.

Japan's Cabinet Office is scheduled to report the Eco-Watchers surveys at 1:00 a.m. ET.

In other Forex Markets;
GBP/USD is trading at 1.2893, down 0.0021.
EUR/USD is trading at 1.1055, down 0.0040.
USD/CAD is trading at 1.3009, up 0.0045.
AUD/USD is trading at 0.7477, down 0.0035.

Posted-In: Japanese Yen USD/JPY yenFutures Forex Markets

 

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