USD/JPY inches up after worst daily performance in two months

Economies.com
2020-10-22 06:04AM UTC

USD/JPY tilted higher in Asian trade away from September 21 lows, ahead of US data today and amid a lack thereof from Japan. 

 

As of 06:59 GMT, USD/JPY rose 0.08% to 104.67, with an intraday high at 104.75. 

 

From the US, unemployment claims for the week ending October 17 are expected down 38K to 860 thousand. 

 

US existing home sales are expected up 3.3% in September to 6.20 million, while the CB leading index is estimated up 0.8% in September. 

 

Democrats and Republicans remain in a tug of war over Covid relief before the November presidential elections, while the World Health Organization reported 40.67 million global cases so far of the coronavirus, with the death toll standing at 1.121 million. 

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