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JPY leads gains in majors - Scotiabank
Breaking news
JPY leads gains in majors - Scotiabank
New
2025.02.20 22:29
2025.02.20 22:29
2025.02.20 22:29
The Japanese Yen (JPY) is leading the currency run higher on the US Dollar (USD), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Markets position for higher inflation data
"The JPY is leading the currency run higher on the USD, with traders taking on board hawkish comments from BoJ policymaker Takata earlier this week and positioning for another jump in Japan's rate of inflation which will support the outlook for moderately tighter policy."
"Japan releases CPI data this evening. January inflation is expected to push up to 4.0% Y/Y."
Last updated
: 2025.02.20
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US Dollar gains modestly despite PMI data disappointing
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2025.02.21 22:31GBP turns lower from 100-day/week MA signals in mid-1.26s - Scotiabank
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2025.02.21 22:05EUR tops out in the low 1.05s again - Scotiabank
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2025.02.21 22:01DXY: Short-covering lifts USD into weekend - Scotiabank
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2025.02.21 21:54Disclaimer:
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