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.



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

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
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
More View more
Real Time News
  • 🇷🇺 Markit Manufacturing PMI (FEB) Actual: 51.5 Previous: 50.9
  • Heads Up:🇷🇺 Markit Manufacturing PMI (FEB) due at 06:00 GMT (15min) Previous: 50.9
  • Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Learn how to control greed in trading here:
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.74%, while traders in GBP/JPY are at opposite extremes with 64.08%. See the summary chart below and full details and charts on DailyFX:
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.55% 🇦🇺AUD: 0.55% 🇬🇧GBP: 0.39% 🇪🇺EUR: 0.09% 🇯🇵JPY: 0.06% 🇨🇭CHF: -0.01% View the performance of all markets via
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 1.05% US 500: 0.83% Germany 30: 0.78% France 40: 0.78% Wall Street: 0.72% View the performance of all markets via
  • 🇮🇳 Markit Manufacturing PMI (FEB) Actual: 57.5 Expected: 57.5 Previous: 57.7
  • Had the pleasure of jumping on The Trade today on @ausbiztv to go over what long-term price action can tell us about the future trajectory of #copper, $AUDUSD and the $DXY Big thanks to @KaraOrdway for having me on!
  • Heads Up:🇮🇳 Markit Manufacturing PMI (FEB) due at 05:00 GMT (15min) Expected: 57.5 Previous: 57.7
  • 🇮🇩 Inflation Rate YoY (FEB) Actual: 1.38% Expected: 1.38% Previous: 1.55%
USD/JPY Steady After Disappointing Manufacturing PMI Data

USD/JPY Steady After Disappointing Manufacturing PMI Data

Bradley A. Kearns,

Talking Points:

  • Yen shows lukewarm response after soft manufacturing PMI data
  • Nikkei Mfg PMI 50.2 in February vs. 52 expected, 52.3 in January
  • Tepid response hints at limited impact on markets’ BOJ outlook

See how retail traders are positioned in the Yen with DailyFX SSI.

The Yen did not display an outsized move against the US Dollar after Japan’s Nikkei Manufacturing PMI data crossed the wires. February’s preliminary statistic showed a print of 50.2, lower than the forecast of 52.0 and the prior reading of 52.3.

The currency’s tepid reaction may be due to traders’ speculation that the news-flow will not significantly alter established expectations of Bank of Japan monetary policy. The central bank recently implemented negative interest rates at its January policy meeting.

On the whole, USD/JPY is trading narrowly higher on the day as a recovery in risk appetite boosts the sentiment-linked currency pair. The correlation between the exchange rate and Japan’s benchmark Nikkei 225 stock index is 0.97 on rolling 20-day studies.

USD/JPY Steady After Disappointing Manufacturing PMI Data

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