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USD/JPY rebounds from three-week trough

Economies.com
2021-02-18 06:09 UTC

USD/JPY tilted higher in Asian trade off January 29 lows, amid a lack of data from Japan and ahead of US data and speeches by Fed officials. 

 

As of 07:07 GMT, USD/JPY rose 0.02% to 105.89, with an intraday high at 105.91. 

 

From the US, the Philly manufacturing index is expected down to 20.3 from 26.5 in January. 

 

Federal Reserve Governor Lael Brainard is due to speak at a climate finance online summit hosted by the Institute for International Finance.

 

US import prices are expected up 1% in January, compared to a 0.9% increase in December, while unemployment claims are estimated down 18 thousand to 775 thousand.

 

US building permits are expected down to 1.67 million from 1.7 million, while housing starts are expected down to 1.66 million from 1.67 million in December. 

 

The Federal Reserve will release minutes of the January 26-27 meeting, at which policymakers voted to maintain rates at record lows near zero and the bonds purchases program unchanged at $80 billion a month.

Oil extends gains ahead of US inventories data

Economies.com
2021-02-17 18:26 UTC

Oil prices rose on Wednesday, despite rising US dollar against most of its peers, ahead of the release of US inventories data.

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USD/JPY declines for first session in six off five-month high

Economies.com
2021-02-17 06:10 UTC

USD/JPY tilted lower in Asian trade off September 2020 highs, following earlier data from Japan and ahead of some US data later today.

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Oil extends gains, as Brent jumps above $64 for first time in 13 months

Economies.com
2021-02-17 10:09 UTC

Oil prices rose on Wednesday, extending gains for the fourth straight day, as Brent crude jumped above $64 for the first time in 13 months, due to fears over the US supply amid the cold weather conditions in that suspended most of Texas' supply.

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