USD/JPY edging higher — fix related buying cited

USD/JPY and yen crosses are creeping a little higher

  • Month and quarter end USD demand by Japanese buyers cited

Earlier from Japan today:

  • BOJ Summary of Opinions (Sept 20/21 meeting) — best to maintain current policy
  • Japan Industrial Production (August preliminary): 2.1% m/m (expected 1.8%)
  • Japan Retail Trade (August): -1.7% m/m (expected -0.5%)
  • Japan inflation data — National CPI for August: 0.7% y/y (expected 0.6%)
  • Overall Household Spending (August): 0.6% y/y (plus jobs data)

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