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Japan data - Machinery orders -5.8% m/m in August (expected -2.3%)

Eamonn Sheridan
11/10/2022 | 23:58 GMT

Japan Core Machinery Orders give a heads up as a capex indicator for Japan in the months ahead, around 6 to 9 months out.

Japan data 12 October 2022

This snapshot from the ForexLive economic data calendar, access it here.

USD/JPY traded above 145.90 for the first time since August of 1998. It has not yet troubled 146.00. I posted earlier on what I reckon is a green light for further USD/JPY gains:

US Treasury Secretary Yellen says the level of the USD is a logical outcome of policy ----

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