DJIA25628.90
LIVE-623.34(-2.37%)
NDX7465.00
LIVE-242.43(-3.15%)

USD/JPY: Bid near 112.00 in Asia, BOJ decision and US Q1 GDP in focus this week


Monday, 22 April 2019 14:02 WIB

DOLLAR YenUSD/JPY,


c_740_198_16777215_00_images_assets_CURRENCY2_USDJPY-890x395_c.jpg

USD/JPY is currently trading at the session high of 111.98, having hit a low of 111.84 earlier today.

The US consumer spending, as represented by retail sales, surged in March by the most in a year and a half, the data released last week showed. Further, the jobless claims hit 50-year lows, quieting recession talks.

Meanwhile, the Bank of Japan (BOJ) reduced the amount of long-dated bond purchases on Friday.

As a result, it is not surprising to see that the greenback is mildly bid in Asia in holiday-thinned trade.

Source : FXstreet


RELATED NEWS

  • The dollar slipped lower on Thursday as expectations for further Federal Reserve rate cuts waned, while the euro gained ground after Eurozone private sector data boosted hopes that the bloc's economy ...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.