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JPY Daily News
JPY Continues to See Mixed Results
The Japanese yen (JPY) has been trading with somewhat mixed results since Friday, with gains made against several currencies and losses elsewhere. After a week of ups and downs, the Japanese yen appears set to take losses today as investors appear to be seeking higher yields. The dominant stance of risk aversion overarching yesterday's environment of pessimism has many traders moving towards the yen against the higher yielding currencies like the euro, which dropped to a six-week low during yesterday's afternoon sessions.
The yen was slightly higher versus the US dollar as the pair moved closer to previous intervention levels near 80.00. The USD/JPY held steady at yesterday's low, finding support near 80.00 and moving up towards 81.20 at today's opening Asian sessions. Market news released out of the US and Europe today will likely be the driving force behind JPY values.
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Print| # | Time | $€£¥ | Event | Per. | Prev. | Fore. | Act. | Imp. |
|---|---|---|---|---|---|---|---|---|
| 06/07 | ||||||||
| 06:00 | JPY |  Leading Indicators | 100.1% | 96.8% | 96.4% |  | ||
| 00:50 | JPY | Bank Lending | y/y | -0.9% | * | -0.7% | | |
| 00:50 | JPY | Current Account | 0.75T | 0.28T | 0.55T |  | ||
| 00:50 | JPY | M2 Money Stock | y/y | 2.7% | 2.7% | 2.7% | | |
