Globitair

Economic data

Japanese Yen: Intervention risk offsets trade pressure – MUFG

FXStreetJapan

Japanese Yen: Intervention risk offsets trade pressure – MUFG

MUFG’s Lee Hardman notes the Japanese Yen (JPY) is trading in a narrow USD/JPY range above 158.00, with intervention risk and a softer US Dollar (USD) capping upside. Bank of Japan (BoJ) officials see underlying inflation near target, with markets pricing a December hike.

Read the full story at FXStreetOpen in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about Japan

More on Economic data