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.

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
EUR/USD
Bearish
Oil - US Crude
Mixed
Wall Street
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • Wall Street Futures Update: Dow Jones (-0.110%) S&P 500 (-0.082%) Nasdaq 100 (+0.086%) [delayed] -BBG
  • 🇨🇳 Caixin Services PMI (NOV) Actual: 57.8 Previous: 56.8 https://www.dailyfx.com/economic-calendar#2020-12-03
  • BoJ's Suzuki: - Flexibility and sustainability in policy is vital - Supporting growth strategy in the long term is vital - Must support labor market - BBG $USDJPY
  • IGCS hints that gold prices may reverse higher as the S&P 500 aims for new highs. Things are looking a little bit more choppy for the growth-linked Australian Dollar. Get your $AUD market update from @ddubrovskyFX here:https://t.co/xiaQOr5D7D https://t.co/5ZRE3eOjj3
  • The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. Find out about the recent history of ISM data, how to track it, and how to trade its release here: https://t.co/MZtBh88nOv https://t.co/i8myMnEZlE
  • Heads Up:🇨🇳 Caixin Services PMI (NOV) due at 01:45 GMT (15min) Previous: 56.8 https://www.dailyfx.com/economic-calendar#2020-12-03
  • Heads Up:🇨🇳 Caixin Composite PMI (NOV) due at 01:45 GMT (15min) Previous: 55.7 https://www.dailyfx.com/economic-calendar#2020-12-03
  • Heads Up:🇯🇵 BoJ Suzuki Speech due at 01:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-12-03
  • RT @FxWestwater: $AUDNZD Bounces but Incoming Death Cross May Keep Outlook Bearish Link: https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2020/12/03/AUDNZD-Bounces-but-Incoming-Death-Cross-May-Keep-Outlook-Bearish.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Westwater&utm_campaign=twr #AUD #NZD https://t.co/X0…
  • 🇦🇺 Balance of Trade (OCT) Actual: A$7.456B Expected: A$5.8B Previous: A$5.815B https://www.dailyfx.com/economic-calendar#2020-12-03
Japanese Yen Littled Budged on Widely-Expected Trade Deficit

Japanese Yen Littled Budged on Widely-Expected Trade Deficit

2012-01-12 00:47:00
Lujia Lin,
Share:

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