USD/JPY falls to three-week trough
USD/JPY titled lower in Asian trade to August 28 lows following earlier Japanese data and ahead of the Federal Reserve's policy decisions.
As of 06:50 GMT, USD/JPY fell 0.098% to 105.35, with a three-week low at 105.25.
From Japan, the trade surplus widened to 248.3 billion yen from 11.6 billion in July, while the seasonally-adjusted reading showed a surplus of 0.35 trillion yen, down from 0.04 trillion in July.
From the US, retail sales are expected up 1.1% in August, slowing from 7.5% in July, while core sales are expected up 1%.
US wholesale inventories are expected up 0.2%, improving from a 1.1% tumble in June.
Finally, the Federal Reserve will hold its policy meeting today through satellite, expected to maintain rates at near zero while revealing three-year estimates for inflation, unemployment, and growth.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1851
|
-0.0027
|
0.2261%
|
|
|
|
|
1.2932
|
0.0033
|
0.2527%
|
|
|
|
Tadawul
|
8364.61
|
6.65
|
0.08%
|
|
|
|
|
26.764
|
-0.247
|
0.916%
|
|
|
|
|
40.896
|
3.836
|
10.351%
|
|
|
|
|
43.15
|
-0.26
|
0.60%
|
|
|
|
|
1950.000
|
-4.225
|
0.216%
|
|
