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Market Overview

USD/JPY Little Changed Ahead Central Bank Rate Decision.

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USD/JPY is trading at 104.90, down 0.02

The pair is trading rangebound Thursday afternoon.

Market chatter about the Bank of Japan's (BOJ) monetary policy and Japan's economy is constant.

Japan's Ministry of Internal Affairs and Communications is scheduled to release inflation data, household spending and employment figures at 7:30 p.m. ET.

The Bank of Japan (BOJ) is scheduled to announce if there is any change to monetary policy later tonight after the economic data release. The announcement will be followed by a press conference held by Bank of Japan Governor Haruhiko Kuroda.

In other Forex Markets;
GBP/USD is trading at 1.3143, down 0.0081.
EUR/USD is trading at 1.1081, up 0.0015.
USD/CAD is trading at 1.3180, up 0.0040.
AUD/USD is trading at 0.7504, down 0.0013.

 

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

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