Intra-Day News and Views & Data to be Released Today (USD/JPY)
Intra-Day News and Views & Data to be Released Today (USD/JPY)
USD/JPY - ...... The greenback ratcheted
lower after an initial gain to 109.90 in Australia on Thursday and fell
to 109.33 in New York on cross-buying in yen, then marginally lower to
109.26 in Tokyo morning on Friday.
Today,
the research firm Markit will release its indicator for U.S. business
conditions in the manufacturing sector at 13:45GMT. Market expects the
flash reading for Apr to improve to 52.0 from 51.5 in preceding month.
At
present, offers are noted at 109.40-50 and more at 109.60-70 with stops
above 109.90, whilst bids are reported at 109.10-00 and then 108.90-80
with stops below 108.70.
Data to be released on Friday:
Japan
Nikkei manufacturing PMI, France Markit manufacturing PMI, Markit
service PMI, Germany Markit manufacturing PMI, Markit service PMI,
IFO-current assessment, IFO-business climate, IFO- expectations,
Eurozone Markit manufacturing PMI, Markit service PMI, Italy industrial
orders, industrial sales, retail sales, Canada retail sales, CPI, U.S.
Markit manufacturing PMI and Markit service PMI.
