USD/JPY edges lower in Asia

2020-02-14 08:29:11 GMT (Economies.com)
USD/JPY edges lower in Asia

USD/JPY tilted lower in Asian trade off January 21 highs following earlier industrial data from Japan and ahead of US data today. 

 

As of 05:59 GMT, USD/JPY shed 0.01% to 109.81, with an intraday low at 109.73. 

 

Earlier Japanese data showed the Tertiary Industry Activity index down 0.2%, compared to a 1.4% rise in November. 

 

From the US, retail sales are expected up 0.3% as before, while core sales are estimated up 0.3%, slowing down from 0.7%. 

 

Import prices are expected down 0.2% in January, while industrial production is estimated down 0.2% as well in December. 

 

The capacity utilization rate is expected down to 76.9% from 77% in December, while business inventories are estimated up 0.1%. 

 

Federal Reserve Bank of Cleveland President Loretta Mester will   speak about payments modernization at the University of South Florida, in Sarasota.

 
 
 
  Symbol Last Change Chg.%
1.1808
0.0042
0.3608%
1.3061
-0.0010
0.0769%
Tadawul
7704.25
49.87
0.65%
27.460
-1.089
3.813%
42.310
0.325
0.774%
44.96
-0.47
1.03%
1957.020
-78.375
3.851%
 
 
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