In this week's FX market, dollar/yen is expected to remain range-bound, while developments in the US stock market and the release of US inflation indicators will be key market focuses.
Dollar/yen is expected to remain range-bound in this week's FX market, with views that it lacks a major directional trend.
Dollar/yen is prone to being influenced by stock-market developments, and the currency market is said to be susceptible to moves in stocks that weaken in the fallout.
Views have been expressed that the impact of the US midterm elections may affect market activity.
The release of US inflation indicators this week is also expected to attract attention.