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.



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
  • *Reminder: Weekly Strategy Webinar tomorrow morning at 8:30AM EST (12:30 GMT) on DailyFX!! -
  • 🇯🇵 PPI YoY (APR) Actual: 3.6% Expected: 3.1% Previous: 1.2%
  • 🇯🇵 PPI MoM (APR) Actual: 0.7% Expected: 0.5% Previous: 0.6%
  • 🇯🇵 PPI YoY (APR) Actual: 3.6% Expected: 3.1% Previous: 1%
  • Recessions can devastate the economy and disrupt the fortunes of individuals, businesses, and investors. But economic decline in the business cycle is inevitable, and your trading can be defined by how you respond to crisis. learn how to prepare here:
  • 8 out of 9 Dow Jones sectors ended higher, with 83.3% of the index’s constituents closing in the green. Energy (+2.62%), materials (+2.57%) and financials (+2.20%) were among the best performers, while communication services (-2.01%) trailed behind.
  • What is your forex trading style? Take the quiz and find out:
  • 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:
  • US equities endured turbulent price action last week and could be positioned for further volatility as fundamental forces butt heads and investors look to negotiate the shifting landscape. Get your market update from @PeterHanksFX here:
Japanese Yen Ticks Up As Final 4Q GDP Does The Same

Japanese Yen Ticks Up As Final 4Q GDP Does The Same

David Cottle, Analyst

Talking Points

  • The final official look at Japan’s growth in the final quarter of the old year missed forecasts
  • However, it did beat the preliminary snapshot
  • Business spending also picked up

The Japanese Yen rose very slightly against the US Dollar on Wednesday as Japanese growth levels were revised higher, albeit not by much.

The ‘final’ official look at Gross Domestic Product numbers for the fourth quarter of 2016 showed an increase of 0.3%. That was just below the 0.4% rise which markets had expected, but above the preliminary rate of 0.2% released back in February. Compared to the same period the year before growth was 1.2%, above the 1% initially registered. However, it was still well below forecasts which had looked for a rise of between 1.4 and 1.6%.

Consumer spending was flat, as expected. The one unarguable bright spot was business spending. This was up 2% on the quarter, but the overall picture remains one of hesitant overall growth despite massive government stimulus efforts.

USD/JPY slipped to 113.79 after the data, from 113.94 just before it saw daylight.

Modest knock: USD/JPY

Japanese Yen Ticks Up As Final 4Q GDP Does The Same

Chart Compiled Using TradingView

The first quarter is getting very elderly now, how are the DailyFX analysts’ forecasts bearing up?

--- Written by David Cottle, DailyFX Research

Contact and follow David on Twitter:@DavidCottleFX

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