# USD/JPY stationary heading into 2019, but Chinese PMIs could offer...something... - Forex Crunch

> USD/JPY traded near 110.34 in a holding pattern ahead of Chinese manufacturing PMI data. The pair had slid from early December highs near 114 as investors sought safe havens and US yields fell.

- Date: 2018-12-31 · published 2018-12-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61788-usd-jpy-stationary-heading-into-2019-but-chinese-pmis-could-offer-something
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Pre-data FX consolidation has little direct effect on feed prices, though weak Chinese PMI readings would signal softer commodity demand.

## Read by commodity

- USDJPY: neutral

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2018/12/31/usd-jpy-stationary-heading-into-2019-but-chinese-pmis-could-offer-something/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.