USD/JPY climbs to four-year peak
Economies.com
2021-11-23 05:51AM UTC
USD/JPY tilted higher in Asian trade to March 2017 highs amid a lack of data from Japan and a bank holiday over there, and ahead of US data later today.
As of 05:50 GMT, USD/JPY rose 0.20% to 115.10, with a 4-1/5 year high at 115.14, and a session-low at 114.74.
Investors await US services and manufacturing data, with the manufacturing PMI expected up to 59.3 from 58.4 in October, while the services PMI is expected up to 59.1 from 58.7.
US Richmond manufacturing index is expected down to 10 in November, while US President Joe Biden nominated Fed Chair Jerome Powell for a second term at the helm of the Federal Reserve.
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