Market Overview

USD/JPY Erases Gains Ahead of Data

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USD/JPY is trading at 113.24, down 0.19.

The pair is trading choppy and has erased the session gains overseas forex traders wind down trading for the day.

Market talk about recent comments by U.S. and Japanese economic policy makers has kept buyers and sellers active. Market chatter about Japanese economic data due out Sunday is starting to show up.

Japan's Cabinet Office is scheduled to release gross domestic product (GDP) data Sunday at 6:50 p.m. ET.

In other Forex Markets;
EUR/USD is trading at 1.0643, down 0.0013.
GBP/USD is trading at 1.2499, up 0.0005.
USD/CAD is trading at 1.3072, down 0.0065.
AUD/USD is trading at 0.7684, up 0.0060.
USD/CNY is trading at 6.8774, up 0.0115.

 

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