JPY is up slightly – Scotiabank
Source Fxstreet
Japanese Yen (JPY) is entering Monday’s NA session with a marginal gain against the US Dollar (USD), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Markets remain focused on trade negotiations
"JPY is entering Monday’s NA session with a marginal gain vs. the USD, trading with limited movement along with most of the other G10 currencies. Trade remains in focus, as markets eye news of fresh negotiations later this week."
"The tone remains constructive heading into the talks. Japan will release industrial production and retail sales data this week, ahead of Friday’s BoJ policy decision where the central bank is widely expected to keep its policy rate unchanged at 0.50%."
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
USD/CAD rises to near 1.3900 due to easing US-China tensions, lower Oil pricesUSD/CAD is advancing for the second consecutive session, hovering around 1.3880 during Asian trading hours on Monday. The pair continues to strengthen as the US Dollar (USD) gains momentum, supported by signs of easing tensions between the US and China.
USD/CAD is advancing for the second consecutive session, hovering around 1.3880 during Asian trading hours on Monday. The pair continues to strengthen as the US Dollar (USD) gains momentum, supported by signs of easing tensions between the US and China.
Silver Price Forecast: XAG/USD breaks below $33.00 as safe-haven demand weakensSilver price (XAG/USD) continues to lose ground for the second straight day, hovering around $32.80 per troy during Asian trading hours on Monday. The precious metal faces pressure as improving trade relations between the United States (US) and China diminish its safe-haven appeal.
Silver price (XAG/USD) continues to lose ground for the second straight day, hovering around $32.80 per troy during Asian trading hours on Monday. The precious metal faces pressure as improving trade relations between the United States (US) and China diminish its safe-haven appeal.
Ethereum is holding firm above critical support levels as bulls attempt to reclaim the $1,850 zone. Price action remains cautious, as global trade conflicts and deteriorating macroeconomic conditions
Dogecoin’s price is entering a new bullish phase after months of decline. Technical analysis of the daily candlestick timeframe chart shows that the popular meme cryptocurrency is flashing a
The AUD/USD pair trades in negative territory near 0.6390 during the early Asian session on Monday. The US Dollar (USD) edges higher against the Aussie amid signs of easing US-China tensions.
Related Instrument
