Yen climbs for first session in three against dollar

Economies.com
2018-10-23 05:41AM UTC

Yen gained ground against the greenback away from October 10 lows for the second session, following earlier inflation data from Japan and ahead of US data. 

 

As of 05:34 GMT, USD/JPY rose 0.22% to 112.55, with an intraday low at 112.49, and a high at 112.84. 

 

Earlier Japanese data showed core consumer prices up 0.5% y/y in August, same as July, according the reading released by Bank of Japan. 

 

Now markets await the US Richmond manufacturing index for October, expected with a dip to 25 from 29 in September, while Federal Reserve Bank of Atlanta President Raphael Bostic is scheduled to speak about the economy and monetary policy at Louisiana State University, in Baton Rouge. 

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