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USD/JPY – Yen Drifting, US Manufacturing Report Next

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    USD/JPY is showing limited movement on Monday, as the pair trades just below the 109 line in the European session. On the release front, Japanese PPI came in at -4.2%, missing the estimate of -3.7%. Preliminary Machine Tools posted a sharp decline of 26.4%. In the US, it’s a quiet[​IMG]

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