The Japanese yen shrugged off the service producer prices figures which inched higher than anticipated, with overall forex trade was calm early in Asia on Wednesday.
In Japan, May CSPI climbed 3.6%, higher than the 3.2% expected gain.
The currency traded steadily at ¥101.94, down 0.1% following the release of the figures.
Overnight, the dollar dealt mixed against most major currencies, emboldened by optimistic US housing and consumer confidence data, though rising Iraqi violence ended the greenback’s advance, weakening it against its counterparts at times.
The material has been provided by InstaForex Company – www.instaforex.com
The Japanese yen shrugged off the service producer prices figures which inched higher than anticipated, with overall forex trade was calm early in Asia on Wednesday.
In Japan, May CSPI climbed 3.6%, higher than the 3.2% expected gain.
The currency traded steadily at ¥101.94, down 0.1% following the release of the figures.
Overnight, the dollar dealt mixed against most major currencies, emboldened by optimistic US housing and consumer confidence data, though rising Iraqi violence ended the greenback’s advance, weakening it against its counterparts at times.
The material has been provided by InstaForex Company – www.instaforex.com
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