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Japan PPI for July 0.1% versus 0.2% expected

The Japan PPI data for July – a.k.a. goods price index, or the price firms charge each other for products – is showing:Prior month -0.2%PPI MoM 0.1% versus 0.2% expected. PPI YoY 3.6% versus 3.5% expected. Prior month 4.1%The USDJPY traded at 143.75 ahead of the report and targets the high price from last week's trading at 143.881. That was the highest level going back to July 7. The 2023 high price was reached on June 30 at 145.07. On the downside, traders will eye 143.44 has close support. Br... Read More

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Posted: Aug 9 2023, 23:51

Author Name: forexlive

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