USD/JPY eyes further downside past 139.00 despite Thanksgiving-led inaction – by anilpanchal7 USDJPY YieldCurve RiskAppetite Fed China
Mixed data from Japan, absence of bond traders failed to stop bears amid broad-based US Dollar weakness.holds lower ground near the weekly bottom surrounding 138.60 during the initial hour of Thursday’s European session. In doing so, the Yen pair prints a three-day losing streak amid broad US Dollar weakness while ignoring mixed numbers from Tokyo.
Additionally, Japan’s Coincident Index rose past 101.1 market forecasts to 101.4, versus an upwardly revised 101.8 prior, whereas the Leading Economic Index came in as 97.5 compared to 97.4 expectations and 101.30 previous figures.
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