Japanese Yen Update – USD/JPY/GBP/EUR Struggles Despite Record BoJ Bond Buying

JPY: BOJ Core CPI y/y, it measures change in the price of goods and services purchased by consumers, excluding food and energy.

EUR: German GfK Consumer Climate, it measures level of a composite index based on surveyed consumers.

EUR: ECB President Lagarde Speaks, As head of the ECB, which controls short term interest rates, she has more influence over the euro’s value than any other person. Traders scrutinize her public engagements as they are often used to drop subtle clues regarding future monetary policy.

GBP: MPC Member Cunliffe Speaks, BOE MPC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.

USD: Goods Trade Balance, it measures difference in value between imported and exported goods during the reported month.

USD: Prelim Wholesale Inventories m/m, it measures change in the total value of goods held in inventory by wholesalers.

USD: HPI m/m, it measures change in the purchase price of homes with mortgages backed by Fannie Mae and Freddie Mac.

USD: S&P/CS Composite-20 HPI y/y, it measures change in the selling price of single-family homes in 20 metropolitan areas.

USD: CB Consumer Confidence, Survey of about 3,000 households which asks respondents to rate the relative level of current and future economic conditions including labor availability, business conditions, and overall economic situation.

USD: Richmond Manufacturing Index, Survey of about 55 manufacturers in the Richmond area which asks respondents to rate the relative level of business conditions including shipments, new orders, and employment.