Market Overview

USD/JPY Falls Ahead of Data and BOJ

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USD/JPY is trading at 113.83, down 1.25.

The pair is trading near the session lows as overseas forex traders wind down trading for the day.

Market chatter about global headline news and money flows is constant and has kept both buyers and sellers active.

Chatter about Japan's economic data due out this evening and the Bank of Japan policy meeting is making the rounds. Japan's Ministry of Internal Affairs and Communications is scheduled to release unemployment data and household spending figures at 6:30 p.m. ET.

Japan's Ministry of Economy Trade and Industry is set to release industrial production at 6:50 p.m.

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

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

 

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