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About: anakin
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The USD/JPY fluctuated today, dropping below 149.60 after initial yen weakness from inflation data.
USD/JPY fell from above 150.10 to below 149.60 after Tokyo inflation data signaled yen weakness.
China’s top leadership announced plans to adopt a more active macroeconomic policy to boost domestic demand.
China’s macro policy aims to boost demand, impacting Australia’s exports, Trade Balance, and AUD value amid market fluctuations.
Japan’s January retail sales rose 3.9% annually, slightly below the 4.0% forecasted figure.
Japan’s retail sales grew 3.9% in January, while February’s Tokyo CPI rose 2.9%, weakening the yen.
January saw an increase in South Africa’s private sector credit, rising to 4.59% from 3.83%.
South Africa’s private sector credit rose to 4.59% in January, up from 3.83% the previous month.
Tokyo’s CPI rose 2.9% year-on-year, lower than anticipated, prompting a surge in USD/JPY.
Tokyo’s February CPI rose 2.9% YoY, below expectations. USD/JPY increased, signaling reduced BOJ rate hike pressure.
