USD/JPY

Dollar Trims Weekly Advance, Huge Yen Expiry Eyed

The dollar stayed under pressure alongside Treasuries before the release of key US economic data as focus turns to next week's Federal Reserve meeting.

The Bloomberg Dollar Index falls 0.1%, snapping a three-day advance, yet is still up 0.2% on a weekly basis; Treasury 10-year yields climbs four basis points to 4.88% after sliding 11bps Thursday.

Data on US PCE deflator, personal spending and University of Michigan consumer sentiment due later Friday.

The yen is up first day in four as data showed consumer price growth in Tokyo unexpectedly quickened for the first time in four months in October.

USD/JPY slips 0.2% to 150.15, edges closer to the 150 handle where $4.35b worth of options expire and may keep price action anchored until the New York cut off.

GBP/USD drops 0.1% to 1.2116 on the day, down 0.4% this week; sizable offers seen at 1.2140-50, a Europe-based trader says.

AUD/USD rises 0.4% to 0.6349, leads G-10 gains, on leveraged short-covering into weekend spurred by gains in regional stock indexes and oil.

EUR/USD is little changed at 1.0560.

Source: Bloomberg

Related News

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.

World Time