Yen holds slight revenue

September 16, 2016

On Friday, the Japanese yen managed to retrace its early revenues in Asia in a light regional data day with major bank gatherings in America and Japan next week holding attention.

The currency pair USD/JPYВВ traded at 102.07, tumbling 0.02%, whileВВ AUD/USDВВ was worth 0.7522, rising 0.04%.

TheВВ US dollar index, evaluating the greenback’s strength against six major currencies, tacked on 0.02%, reaching 95.30.

Overnight, the greenback was little changed against the other major key currencies after dismal American retail sales data dampened hopes for a rate lift by the Federal Reserve in the nearer months.

The Commerce Department reported that in August American retail sales edged down 0.3%, which is worse than expectations for a 0.1% sink. It turned to be the first sag for five months.

Additionally, in a separate report, the Department of Labor informed that the overall number of Americans filing for unemployment benefits ascended less than expected the previous week, thus pointing to further tightening in the labor market.

Publication source
FBS information  FBS reviews

February 22, 2017
Analysts divided over Aussie dollar
The Australian dollar is holding steady today with analysts deeply divided over the direction of the currency as the year unfolds. At 8.31pm (GMT) the Aussie dollar was trading at US76.81c virtually unchanged from yesterday’s trading...
February 22, 2017
UK GDP estimates and FOMC meeting minutes coming up today
The economic calendar yesterday was dominated by flash PMI numbers from the Eurozone, all of which broadly showed that economic momentum in the region continued to gather pace...
February 21, 2017
Fed Harker's hawkish comments revives the U.S. dollar
While the U.S. dollar was seen slipping during a quiet trading session on Monday which saw the U.S. markets closed, the greenback got a boost with hawkish comments from Fed's Patrick Harker from Philadelphia...

FxPro Rating
FOREX.com Rating
NPBFX Rating
Larson&Holz IT Ltd Rating
FX Giants Rating
Vantage FX Rating

OptionFair Rating
24option Rating
Anyoption Rating
UKoptions Rating
Beeoptions Rating
TropicalTrade Rating