Market Overview

USD/JPY Trading Lower Ahead of Data

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USD/JPY is trading at 113.10, down 1.50.

The pair is trading choppy and just above the session lows as overseas forex traders wind down trading for the day.

Market chatter about global money flows has kept both buyers and sellers active. Talk about Japanese economic data due out the rest of the week is starting to show up.

Japan's Nikkei Manufacturing PMI for January is due out at 7:30 p.m. ET. Japan's Ministry of Finance (MOF) is scheduled to release balance of trade data Tuesday at 6:50 p.m. ET.

 

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