Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

JPY Outperforming, Tight G-10 Ranges Elsewhere

FOREX

JPY is outperforming, the strongest performer in G-10 space at the margins, with USD/JPY ~0.3% softer vs. the NY close. BBDXY is ~0.1% softer.

  • Tokyo CPI was on the wires this morning, the Core YoY measure printed 4.3% vs 4.2% exp. Headline CPI YoY printed 4.4% vs 4% exp.
  • USD/JPY has broken through the ¥130 handle, last printing at ¥129.70/80, a touch off session lows.
  • The Antipodeans are marginally firmer, however AUD and NZD have both respected tight ranges in early dealing.
  • Australian Q4 PPI data is on the wires this morning. Further out we have a slew of US data including personal income/spending, PCE Deflator, UofMich Consumer Sentiment and Pending Home Sales.
  • A reminder that the Lunar NY Holiday will continue to impact liquidity in Asia-Pac hours with China still out.
128 words

To read the full story

Why Subscribe to

MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

JPY is outperforming, the strongest performer in G-10 space at the margins, with USD/JPY ~0.3% softer vs. the NY close. BBDXY is ~0.1% softer.

  • Tokyo CPI was on the wires this morning, the Core YoY measure printed 4.3% vs 4.2% exp. Headline CPI YoY printed 4.4% vs 4% exp.
  • USD/JPY has broken through the ¥130 handle, last printing at ¥129.70/80, a touch off session lows.
  • The Antipodeans are marginally firmer, however AUD and NZD have both respected tight ranges in early dealing.
  • Australian Q4 PPI data is on the wires this morning. Further out we have a slew of US data including personal income/spending, PCE Deflator, UofMich Consumer Sentiment and Pending Home Sales.
  • A reminder that the Lunar NY Holiday will continue to impact liquidity in Asia-Pac hours with China still out.