USD/JPY was a notable mover on the session, continuing its decline during the US session to fall to lows under 156.40. There was no fresh news or data from Japan. Trade and interest was thin due to the New Year holiday approaching.
From China today we had the official, National Bureau of Statistics (NBS), PMIs for December. Manufacturing slid a little from November and disappointed estimates but remained in expansion for the third month in a row. Non-manufacturing, meanwhile jumped 2.2 points from November and well ahead of estimates.
Prior to the PMI data release AUD/USD traded higher (EUR, GBP, NZD all ticked a little higher) but subsided soon after the data. China 10 year bonds ticked a little higher (yields slipped). Chinese equities slid.
And that's it from me for 2024. Have a fun and safe New Year's Eve everyone!
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about forexlive asia pacific fx news wrap usd jpy drops under 156 40 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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