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JPY Daily News
Japanese Yen Mixed as Investors Examine Global Risk Sentiment
The Japanese yen (JPY) has been trading with largely positive results since Friday as investors turn their focus towards news out of the euro zone. After a week of ups and downs, the Japanese yen appears set to take losses today as investors largely seek out risk ahead of today's rate statements in Europe and Britain.
The USD/JPY was seen trading somewhat lower this morning, holding steady near 80.20 and moving up towards 80.60 at today's opening Asian sessions. Market news released out of Europe today will likely be the driving force behind forex market values and traders would be wise to watch the rate statement by the European Central Bank (ECB) scheduled for 13:30 GMT since it has a strong correlation with global economic growth and monetary values.
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Print| # | Time | $€£¥ | Event | Per. | Prev. | Fore. | Act. | Imp. |
|---|---|---|---|---|---|---|---|---|
| 06/09 | ||||||||
| 06:00 | JPY |  Household Confidence | 33.1 | 34.7 | 34.2 |  | ||
| 07:00 | JPY | Prelim Machine Tool Orders | y/y | 32.3% | * | 34.2% | | |
| 00:50 | JPY | Tertiary Industry Activity Index | m/m | -6.0% | 2.8% | - |  | |
| 00:50 | JPY | CGPI | y/y | 2.5% | 2.5% | - | | |
