11 Sep

Economic Calendar

Time

Currency Impact Description Previous Forecast

Actual

    6:50 am JPY Low Core Machinery Orders m/m

-1.9%

4.2%          8.0%
JPY Low M2 Money Stock y/y 4.0% 4.1% 4.0%
11:30 am JPY Low Tertiary Industry Activity m/m 0.0% 0.1%
1:00 pm JPY Low Prelim Machine Tool Orders y/y 28.0%

News

Topic: Asia Stocks Rise, Dollar Rebounds as Irma Weakens

  • Asian stocks rose and the dollar rebounded from its lowest in more than two years as hurricane Irma’s force waned and the United Nations prepared to vote on tougher North Korean sanctions.
  • Pyongyang warned of retaliation if the United Nations Security Council approves harsher sanctions in response to the North’s nuclear test. The UN will vote Monday on fresh sanctions, saying that Kim Jong Un’s nuclear program poses the most serious threat since World War II. Pyongyang “is closely following the moves of the U.S. with vigilance,” its state-run Korean Central News Agency said on Monday, citing a statement by the Ministry of Foreign

REFERENCE: https://www.bloomberg.com/news/articles/2017-09-10/dollar-climbs-as-north-korea-hurricane-woes-wane-markets-wrap

Technical Chart-H4

Support & Resistant USD JPY

Resistant

Pivot

Support

R1: 108.570

108.330

S1: 108.190
R2: 108.710 S2: 107.950
R3: 108.950 S3: 107.810

 

 

 

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