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
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
  • The Australian Dollar may extend its slide lower despite the planned easing of Covid-19 restrictions, as the market continues to price in an RBA rate cut on October 6. Get your #currencies update from @DanielGMoss here:
  • The Indian Rupee may be at risk to the US Dollar as USD/INR attempts to refocus to the upside. This is as the Nifty 50, India’s benchmark stock index, could fall further. Get your USD/INR market update here:
  • Technical indicators are chart analysis tools that can help traders better understand and act on price movement. Learn more about the importance of technical analysis here:
  • #Gold prices have plunged nearly 11% off the record highs with a breakout risking further losses. Here are technical trade levels that matter on the XAU/USD weekly chart. Get your #metals update from @MBForex here:
  • Traders tend to overcomplicate things when they’re starting out in the forex market. This fact is unfortunate but undeniably true.Simplify your trading strategy with these four indicators here:
  • GBP turbulence persists as investors eye the next round of EU-UK Brexit negotiations. Cautious optimism signals a deal is near. Get your #currencies update from @JMcQueenFX here:
  • An economic calendar is a resource that allows traders to learn about important economic information scheduled to be released. Stay up to date on the most important global economic data here:
  • Many people are attracted to forex trading due to the amount of leverage that brokers provide. Leverage allows traders to gain more exposure in financial markets than what they are required to pay for. Learn about FX leverage here:
  • There is a great debate about which type of analysis is better for a trader. Is it better to be a fundamental trader or a technical trader? Find out here:
  • Entry orders are a valuable tool in forex trading. Traders can strategize to come up with a great trading plan, but if they can’t execute that plan effectively, all their hard work might as well be thrown out. Learn how to place entry orders here:
Yen Brushes Off Worse Than Expected CPI and Jobless Rate Data

Yen Brushes Off Worse Than Expected CPI and Jobless Rate Data

2016-09-30 03:53:00
Daniel Dubrovsky, Analyst

Talking Points

  • Yen shows tepid reaction vs. majors after inflation, employment data
  • CPI ex-food -0.5% y/y in August vs.-0.4% expected and -0.5% prior
  • Jobless rate 3.1% y/y in August vs. 3.0% expected and 3.0% in July

Having trouble trading the Japanese Yen? This may be why.

The Japanese Yen showed a reserved reaction to reports of some worse than expectednational consumer prices and jobless rate readings. CPI clocked in at -0.5 percent year-on-year in August versus -0.5 percent expected and -0.4 percent in July. CPI excluding fresh food - the Bank of Japan’s main target - declined 0.5% versus -0.4% expected and -0.5% prior.

Meanwhile, the jobless rate ticked higher to3.1percent from 3.0 percent. Economists were expecting the unemployment rate to remain at 3.0 percent. The job-to-applicant ratio held steady as expected at last month’s reading of 1.37.

The central bank announced a major change in its stimulus regime last week. A wait-and-see period to gauge the effect of the new program will probably follow. With that in mind, traders may have judged that today’s data release has relatively little impact on near term policy trends, accounting for the Yen’s tepid reaction.

Want to learn more about the DailyFX SSI indicator? Click here to watch a tutorial.

Yen Brushes Off Worse Than Expected CPI and Jobless Rate Data

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