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Tag: corporate goods price index Clear
Daily Market Notes

The Yen Rally Ended on Day Six — and Tokyo's Own Producer Prices Print at 23:50 UTC

Five sessions of yen buying into a wall of dollar-positive news, then a squeeze on the sixth: USD/JPY traded 153.85–154.67 and Gaitame's morning range is 153.600–155.300. Japan's own producer prices land at 23:50 UTC expected at 7.4% year on year — two full points hotter than the American PPI that moved the dollar. Why a five-day trend ending on day six is the exact shape that costs money.

Topics

BOJ (1) Tokyo session (1) USDJPY (1) corporate goods price index (1) oil (1) yen (1)
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