Intra-Day News and Views (USD/JPY) & data to be released today: Feb 26, 2015



Intra-Day Market Moving News and Views
26 Feb 2015
    02:22GMT

USD/JPY - .... ... The greenback ratcheted higher in Tokyo morning due to the rise in Nikkei-225 index which rose by 87 point to 18673 after Wednesday's release of upbeat U.S. housing and Chinese factory data. U.S. dollar rebounded to 119.09 before easing as offers are tipped at 119.10-20 and more at 119.40.
On the downside, some bids are located at 118.80 and more at 118.65-60 with mixture of bids and stops seen at 118.50.

Comment from BOJ broad member Ishida, quote:
- Expects Global Economy To Gradually Accelerate Pace Of Growth
- Japan Economy Recovering Moderately As A Trend
- Private Consumption Firm, Likely To Resume Moderate Recovery
- Shouldn't Adjust Policy To Target Certain Timing For Hitting 2% Price Target
- Policy Ought To Be Adjusted When There Is Big Risk Japan May Fail To Achieve Stable Price Growth, Sustainable Economic Growth
- Too Early To Debate Exit Strategy From QQE Now
- If Inflation Accelerates Ahead, Time Will Come When BOJ Needs To Gradually Whittle Down Pace Of Asset Purchases
- Falling Oil Prices Led To Downgrade To BOJ's Inflation Forecast For Fiscal 2015 But Will Push Up Price Growth As A Trend
- Don't Think Oil Price Falls Pose Problems To Monetary Policy As Long As Consumer Inflation Accelerates Again Toward 2%
- Some People Advocate Focusing More On Core-Core CPI But Need To Look At Price Gauges Including Food Costs To Judge Broad Price Trend
- See No Change In Broad Uptrend In Japan Consumer Inflation
- IMF's Downgrade Of Global Growth Estimates Shows There Are Vulnerabilities In Global Recovery Trend
- Japan Real Exports Clearly Turned Positive, Positive Economic Momentum Steadily Increasing Amid Weak-Yen Environment

Data to be released on Thursday:

New Zealand exports, imports, trade balance, Australia capex, Germany consumer sentiment, unemployment rate, France consumer confidence, U.K.GDP, Italy retail sales, business confidence, consumer confidence, EU services sentiment, business climate, consumer confidence, economic sentiment, Canada inflation, U.S. inflation, jobless claims, durable goods and monthly home price.

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