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.%
1.1032
0.0217
2.0046%
1.2809
-0.0139
1.0735%
Tadawul
7628.34
-82.78
1.07%
16.584
-1.909
10.325%
45.020
-8.313
15.587%
50.52
-1.66
3.18%
1580.840
-62.805
3.821%
 
 
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