USD/JPY ignores downbeat Japan PPI, BoJ’s Wakatabe to drop toward 139.00, focus on US inflation, Fed – by anilpanchal7 USDJPY BOJ Fed Inflation RiskAversion
for May dropped for the fifth consecutive month to 5.1% YoY from 5.8% previous readings and 5.5% market forecasts. That said, monthly figures also disappointed Yen traders with -0.7% MoM outcome, versus -0.2% expected and 0.2% prior.
On the other hand, BoJ Deputy Governor Masazumi Wakatabe rules out any change in the BoJ monetary policy during this week’s meeting as he said, “Don't expect a change from BOJ at this week's meeting.” dropped in the last two consecutive weeks, indecisive around 103.56 at the latest, as downbeat prints of the US activity numbers for May joined disappointing employment clues to weigh on the US Dollar.
Amid these plays, US Treasury bond yields struggle to extend the previous week’s upward trajectory while S&P500 Futures manage to trace Wall Street’s gains, which in turn should put a floor under theMoving on, a light calendar on Monday may restrict intraday moves of the USD/JPY pair. However, Tuesday’s US inflation will be the key for the Yen pair traders to watch for clear directions.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Weekly Forex Forecast \u2013 NASDAQ 100 Index, USD/JPY, GBP/USDThe difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which
Lire la suite »
Japan opposition head says preparing for early elections, Kyodo reportsJapan's small opposition party leader Yuichiro Tamaki said on Saturday that he would prepare for a snap general election before the current parliament session ends on June 21, Kyodo newsagency reported.
Lire la suite »
A Pokémon-Card Crime Spree Jolts JapanJapan has been staggered by a Pokémon-plundering spree. Culprits go to extraordinary lengths, even rappelling down the side of buildings.
Lire la suite »
South Korea sea salt demand grows ahead of Japan's Fukushima contaminated water releaseAhead of Japan's planned release of contaminated wastewater from the wrecked Fukushima nuclear plant in the summer, some South Korean shoppers are buying salt and seafood in bulk to store at home and retailers are stockpiling in fear of a supply shortage.
Lire la suite »
Asia markets set for mixed open ahead of crunch central bank meetingsCentral banks in the U.S., Europe, and Japan are slated to meet this week.
Lire la suite »
Bank of Japan set to keep ultra-low rates, may signal inflation overshootThe Bank of Japan (BOJ) is expected to maintain ultra-loose monetary policy this week and its forecast for a moderate economic recovery, as robust corporate and household spending cushion the blow from slowing overseas demand, sources said.
Lire la suite »