XE Market Analysis: Europe – Aug 24, 2018

Yen underperformance, Dollar softness and Aussie Dollar outperformance have been the main themes in Asian markets into the London interbank opening, along with a side-theme of Euro firmness. The Japanese currency came under pressure following the release of Japanese inflation data, which showed the BoJ-watched national core CPI figure coming in at a benign 0.8% y/y clip, the same rate as June and disappointing the median forecast for a 0.9% reading.

Source: XE news feed
XE Market Analysis: Europe – Aug 24, 2018