The yen’s momentum reversed sharply on Friday, perhaps getting ahead of the weekend’s news. Japan’s Prime Minister Shigeru Ishiba announced his resignation following growing pressure within his party to accept responsibility for a historic loss of power in this year's election.
As the new trading week begins, the outlook for the yen remains fragile. Unless volatility in Japanese government bonds subsides, USD/JPY, EUR/JPY, and GBP/JPY potentially all look tilted to the upside.
This week’s domestic calendar will also draw attention, with final Q2 GDP, August producer inflation, machine tool orders, Reuters Tankan results, and key manufacturing sentiment surveys all in focus.
As the new trading week begins, the outlook for the yen remains fragile. Unless volatility in Japanese government bonds subsides, USD/JPY, EUR/JPY, and GBP/JPY potentially all look tilted to the upside.
This week’s domestic calendar will also draw attention, with final Q2 GDP, August producer inflation, machine tool orders, Reuters Tankan results, and key manufacturing sentiment surveys all in focus.
Economic Calendar:
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Economic Calendar:
blackbull.com/en/economic-calendar/?utm_source=tradingview
Free TradingView Premium:
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
blackbull.com/en/economic-calendar/?utm_source=tradingview
Free TradingView Premium:
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.