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Sep 09 - 09:55 PM

USD/JPY - Unaffected By Data, Holding Above 106

By Haruya Ida  —  Sep 09 - 08:05 PM

  • USD/JPY on hold after push up yesterday, Asia so far 106.19-22 EBS

  • Market quiet, has more to do with EUR pre-ECB than JPY, recent mover

  • USD/JPY itself range-bound recently nL1N2FZ02I

  • July core machinery orders data shrugged off, +6.3% m/m but -16.2% y/y

  • Expectations for +1.9%, -18.3%, series extremely volatile

  • Some recent weakness in CAPEX on COVID pandemic, see nT9N2FQ032

  • For more click on FXBUZ


USD/JPY: Click here

Source:
Refinitiv IFR Research/Market Commentary

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