USD/JPY gains ground before the weekend

Economies.com
2021-06-11 06:03AM UTC

USD/JPY tilted higher in Asian trade on track for the second weekly loss following a spate of data from Japan and ahead of US data later today.

 

As of 07:01 GMT, USD/JPY rose 0.09% to 109.43, with an intraday high at 109.45. 

 

From Japan, an index tracking manufacturing in the second quarter fell to minus 1.4 compared to a positive 1.4 in the first quarter. 

 

From the US, the University of Michigan's consumer sentiment survey is expected up to 84.1 in June from 82.9, while also releasing consumer inflation expectations for one and five years. 

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