News with an average volatility of 10-20 points affects the dynamics of the USD / JPY rate
The Japanese Cabinet of Ministers will publish a release (in its final value for June) on the leading indicators index, consisting of 12 indices, such as inventory, orders for engineering products, stock prices and other leading economic indicators. It reflects the state of the Japanese economy in the short and medium term.
Forecast economists unchanged in comparison with preliminary data.
The index has weakened by 1.7 units, but has been at its maximum for 5 years.
The final reading of the leading economic index in Japan ( that anticipates changes in the direction of the Japanese economy in the coming months ) should confirm the preliminary reading to 96,1 for March , the lowest level since 2016 . Such confirmation should to be bearish for the USDJPY
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