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Monday, April 3, 2023

Technical: USD/JPY Bulls Eye 134 on Manufacturing PMIs and Risk Appetite

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Alert Alert Apr 3, 2023, 9:14am
 
Technical: USD/JPY Bulls Eye 134 on Manufacturing PMIs and Risk Appetite
It was a busy morning for the USD/JPY. Tankan numbers for Q1 drew plenty of interest. The Tankan Large Non-Manufacturers Index increased from 19 to 20 in Q1 versus a forecasted 20. However, a 3.2% increase in the All Big Industry CAPEX failed to impress. Economists forecast a 4.9% rise after a 19.2% surge in Q4. The Tankan Large Manufacturers Index fell ...
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