Outlook for tomorrow's foreign exchange market: U.S. October CPI to drive the market

The story

The dollar-yen exchange rate is reportedly likely to move in trading from tonight into tomorrow. The key indicator is the U.S. October Consumer Price Index (CPI), and market reactions are expected to vary depending on the result.

Whether the CPI release indicates a clear direction is said to be the focus for short-term market movements.

At a glance

TimingIt may move in trading from tonight into tomorrow

MetricU.S. October Consumer Price Index (CPI)

NatureThe CPI result is expected to act as a factor influencing the dollar-yen exchange rate in the foreign exchange market

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Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.