USD/JPY gains ground in Asian trade

Economies.com
2022-03-01 06:29AM UTC

USD/JPY tilted higher in Asian trade following a spate of data from Japan and ahead of US data later today.

 

As of 06:26 GMT, USD/JPY rose 0.11% to 115.08, with an intraday high at 115.29.

 

US manufacturing PMI is expected to taper off to 52.7 from 55.4, while analysts expected 52.9.

 

US services Markit PMI is expected to rise to 57.5 from 55.5 in January, while construction spending is expected up 0.2% in January.

 

The ISM services PMI is also expected up to 58 from 57.6 in January, with services prices expected up to 77.4.

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