Market Overview

USD/JPY Higher, Focus on BOJ Meeting

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USD/JPY is trading at 115.21, up 0.77.

The pair is trading at session highs. Market chatter about global headline news and money flows is constant. Chatter about Japan's economic data due out over the weekend and the Bank of Japan policy meeting is making the rounds.

Japan's Ministry of Economy, Trade and Industry is scheduled to report retail sales data Sunday at 6:50 p.m. ET. Japan's Ministry of Internal Affairs and Communications is scheduled to release unemployment data and household spending figures Monday at 6:30 p.m. ET. Japan's Ministry of Economy Trade and Industry is set to release industrial production Monday at 6:50 p.m.

The Bank of Japan (BOJ) will announce if there is any change to monetary policy at Monday evening followed by a news conference held by Bank of Japan Governor Haruhiko Kuroda.

 

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