News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Real Time News
  • 🇺🇸 House Price Index MoM (MAY) Actual: 1.7% Previous: 1.8% https://www.dailyfx.com/economic-calendar#2021-07-27
  • Heads Up:🇺🇸 House Price Index MoM (MAY) due at 13:00 GMT (15min) Previous: 1.8% https://www.dailyfx.com/economic-calendar#2021-07-27
  • 🇺🇸 Durable Goods Orders Ex Transp MoM (JUN) Actual: 0.3% Expected: 0.8% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2021-07-27
  • 🇺🇸 Durable Goods Orders MoM (JUN) Actual: 0.8% Expected: 2.1% Previous: 3.2% https://www.dailyfx.com/economic-calendar#2021-07-27
  • Implementing a trading checklist is a vital part of the trading process because it helps traders to stay disciplined, stick to the trading plan, and builds confidence. Learn how to stick to the plan, stay disciplined, and use a checklist here: https://t.co/SQUCCYRCIk https://t.co/R5AhyIdB5r
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.32%, while traders in Wall Street are at opposite extremes with 75.28%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/XBVb5ARDM1
  • Heads Up:🇦🇺 RBA Debelle Speech due at 12:35 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-07-27
  • Forex Update: As of 12:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.29% 🇨🇭CHF: 0.09% 🇪🇺EUR: 0.05% 🇨🇦CAD: -0.18% 🇦🇺AUD: -0.20% 🇳🇿NZD: -0.51% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/rSpNjl4PKY
  • Heads Up:🇺🇸 Durable Goods Orders Ex Transp MoM (JUN) due at 12:30 GMT (15min) Expected: 0.8% Previous: 0.3% https://www.dailyfx.com/economic-calendar#2021-07-27
  • Heads Up:🇺🇸 Durable Goods Orders MoM (JUN) due at 12:30 GMT (15min) Expected: 2.1% Previous: 2.3% https://www.dailyfx.com/economic-calendar#2021-07-27
Japanese Yen Littled Budged on Widely-Expected Trade Deficit

Japanese Yen Littled Budged on Widely-Expected Trade Deficit

Lujia Lin,

THE TAKEAWAY: Japanese trade deficit widens in November > Overall trend largely expected given recent statements > Yen reaction muted

Japanese_Yen_Littled_Budged_on_Widely-Expected_Trade_Deficit_body_Picture_5.png, Japanese Yen Littled Budged on Widely-Expected Trade Deficit

Chart generated using Strategy Trader

The Ministry of Finance released figures showing that the Japanese trade deficit widened in November. According to the data, during the month, imports exceeded exports by 585.1 billion Yen, slightly below estimates of a 599.4 billion Yen shortfall. Nevertheless, the trade deficit was more than twice as wide as in October. Wednesday’s trade figures were largely in line with expectations of a slowdown in Japan’s export-driven economy, expectations fueled by a strong Yen and recent statements from the Bank of Japan. This, coupled with a market largely devoid of large directional moves and the absence of signals about intervention, led to a relatively muted reaction in the Yen, which briefly strengthened before returning to the 76.88-76.90 range versus the US Dollar.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES