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Market Overview

USD/JPY Little Lower, Focus on Data and BOJ


USD/JPY is trading at 104.71, down 0.21

The pair is trading choppy early Thursday morning.

Market chatter about various comments from Japanese policy officials and economic data has kept buyers and sellers active.

Japan's Ministry of Internal Affairs and Communications is scheduled to release inflation data, household spending and employment figures at 9:30 p.m. ET. The Ministry of Economy, Trade and Industry is scheduled to release retail sales data and industrial production also at 7:30 p.m. ET. Afterwards, the Bank of Japan's (BOJ) is scheduled to announce if there is any change to monetary policy. The announcement will be followed by a press conference held by Bank of Japan Governor Haruhiko Kuroda.

Trading is expected to remain very choppy.


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

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