GBP/JPY is the lead pair this morning in the FX market, down 60 pips since the release of the UK housing data an hour ago.
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Nikkei opens flat
Nikkei opens flat
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- In-line CPI report leads to a blockbuster day for US stock markets
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- US stocks open higher led by the NASDAQ index
- USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
- Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
- USD/JPY looks to US CPI report to potentially break ping pong range
- ForexLive European FX news wrap: USD/JPY sticks with the early bounce, ADP up next
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