USD/JPY stabilizes for first session in 3

Economies.com
2019-04-22 05:55AM UTC

The US dollar fluctuated in a narrow bullish range during the Asian session against the Japanese Yen amid a lack of economic data from the Japanese economy, the third largest economy in the world and on the threshold of developments and economic data expected Monday by the US economy.

 

At 05:54 GMT, USD/JPY rose 0.01% to 111.94 compared to the opening levels at 111.93, after reaching the highest level of 111.99, while the lowest at 111.85.

 

Investors are currently waiting for the US economy to release the Existing Home Sales Index reading, which may reflect a decline of 3.7% to 5.31 million, versus 11.8% at 5.51 million homes in February. in addition to the Initial US GDP reading for the first quarter by the end of this week.

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