Forex

USD/JPY gains ground for first session in five

2021-02-23 09:13:34 GMT (Economies.com)

USD/JPY tilted higher in Asian trade away from February 15 lows, amid a lack of Japanese data today for a national holiday, and ahead of US data and a testimony by Fed chair Jerome Powell.

 

As of 07:13 GMT, USD/JPY rose 0.02% to 105.10 from the opening of 105.08. 

 

From the US, house prices index is expected up 1% in December, while the S&P 20 house prices index is expected up 9.9% in December. 

 

US Richmond manufacturing index is expected up to 16 from 14 in January. 

 

Fed Chair Jerome Powell will testify on the Semiannual Monetary Policy Report before the Senate Banking Committee, via satellite.

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