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
EUR/USD
Bullish
Oil - US Crude
Mixed
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
Wall Street
Bearish
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • Join @PaulRobinsonFX 's #webinar at 5:30 AM ET/9:30 AM GMT for insight on London #FX and #CFD trading. Register here: https://t.co/AoM3UvLtcF https://t.co/KCHeNfayki
  • There are many different types of forex orders, which traders use to manage their trades. While these may vary between different brokers, there tends to be several basic FX order types all brokers accept. Learn about different FX order types here: https://t.co/lIJdiz4xSz https://t.co/q8nG7unK17
  • Just posted: a fascinating chat with my @DailyFX colleague @HathornSabin on #gold, $USD, $MXN and more https://t.co/vKdwKJZuEF
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.83%, while traders in EUR/USD are at opposite extremes with 67.62%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/sf61r9rewm
  • Gold Prices May Fall Further as US Fiscal Stimulus Hopes Fizzle - https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2020/10/20/Gold-Prices-May-Fall-Further-as-US-Fiscal-Stimulus-Hopes-Fizzle.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #XAUUSD #gold #FiscalPolicy #stimulus https://t.co/fS6r9kPXPY
  • There are three major forex trading sessions which comprise the 24-hour market: the London session, the US session and the Asian session. Learn about the characteristics of each session here: https://t.co/UVvf51HiVP https://t.co/5DC2kgetXj
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Silver: -0.15% Gold: -0.20% Oil - US Crude: -0.34% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/yDIGCBjieN
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: -0.04% 🇪🇺EUR: -0.05% 🇨🇦CAD: -0.08% 🇬🇧GBP: -0.18% 🇦🇺AUD: -0.47% 🇳🇿NZD: -0.61% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/JIAsnaWcPz
  • US Dollar Index Trades in Price Channel Ahead of US Stimulus Deadline - https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2020/10/20/US-Dollar-Index-Trades-in-Price-Channel-Ahead-of-US-Stimulus-Deadline.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr $USD $DXY https://t.co/FAi3oLk9Xu
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: US 500: 0.45% Wall Street: 0.23% France 40: -0.28% FTSE 100: -0.30% Germany 30: -0.43% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/r3AZEgsPq3
Japanese Yen Little Changed Following Strong CPI Data, BOJ on Tap

Japanese Yen Little Changed Following Strong CPI Data, BOJ on Tap

2017-10-27 00:44:00
Varun Jaitly,
Share:

Talking Points:

  • Japanese consumer prices rose 0.7% in September for both headline data and excluding fresh food
  • The Japanese Yen saw little to no change following the data release which met analyst expectations
  • This release of Japanese CPI marks two months of the strongest gains in prices since March 2015

Curious about how traders are placing their bets on the Japanese Yen? Check out our IG Client Sentiment indicator to see how traders are positioning in the Forex market on the DailyFX Sentiment Page.

The Japanese Yen saw little to no change following the release of national consumer price data for the month of September. All three CPI figures released met analyst expectations, with headline prices rising 0.7 percent as expected. Consume prices excluding fresh food also rose 0.7 percent, as expected. Both headline consumer prices, and prices excluding fresh food rose 0.7 percent over the last two months, signaling two months of the strongest gains in inflation since March 2015.

Despite the relatively firm data, the Japanese Yen and local bond yields did not react extensively. As the week comes to a close traders may be shifting their focus to next week’s Bank of Japan policy meeting, followed by a press briefing with Governor Kuroda. The BOJ will also be releasing its semiannual Outlook Report at next week’s meeting.

Japanese Yen Little Changed Following Strong CPI Data, BOJ on Tap

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

DISCLOSURES