Technical: USD/JPY Is Back on the Move on Ultra-Loose BoJ Policy Talk

It was a relatively busy day ahead for the USD/JPY. Following the larger-than-expected slide in industrial production, the market focus shifted to the manufacturing PMI. In February, the PMI fell from 48.9 to 47.7 versus a prelim 47.4. The better-than-expected numbers had a limited impact on the Yen, with the PMI unlikely to influence the Bank of Japan. ...     Alert Mar 1, 2023, 10:45am Technical: USD/JPY Is Back on the Move on Ultra-Loose BoJ Policy Talk It was a relatively busy day ahead for the USD/JPY. Following the larger-than-expected slide in industrial production, the market focus shifted to the manufacturing PMI. In February, the PMI fell from 48.9 to 47.7 versus a prelim 47.4. The better-than-expected numbers had a limited impact on the Yen, with the PMI unlikely to influence the Bank of Japan. ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support