Take a look at the current currency pair rates below:
GBP/JPY: Lowest 133.44 Highest 133.93 Current 133.85-90
EUR/JPY: Lowest 112.25 Highest 112.71 Current 112.65-70
USD/JPY: Lowest 83.18 Highest 83.45 Current 83.38-41
GBP/USD: Lowest 1.6021 Highest 1.6065 Current 1.6058-61
EUR/USD: Lowest 1.3476 Highest 1.3529 Current 1.3511-13
USD/CHF: Lowest 0.9679 Highest 0.9711 Current 0.9690-93
AUD/USD: Lowest 1.0017 Highest 1.0060 Current 1.0045-48
AUD/JPY: Lowest 83.46 Highest 83.81 Current 83.74-79
Good afternoon. For all those looking to take advantage of the USD/JPY, there may be a chance to tonight (Tuesday Feb. 15th) at 10:30 PM when the U.S. Census Bureau will announce Retail Sales & Core Retail Sales. Last month's announcement on January 14th was -0.2% for both the retail announcements which allowed the USD/JPY to drop nearly 50 points within 2 hours after the announcement. The USD/JPY 30-min. chart below illustrates the effect of the 2 announcements.
Tonight's Core Retail Sales are excpected to improve by 0.1% from last month. Retail Sales are expected to decine by the same percentage. If both announcements come out negative, we may see a surprising drop from the current area. The USD/JPY is already high up into its current range.