USD/JPY - Little Movement As Fed Minutes Slightly Dovish
(WorldNews Japan)

By Kenny Fisher USD/JPY continues to trade close to the 113 line this week. The pair has dipped on Wednesday and is trading at 112.88. On the release front, Japanese SPPI edged up to 0.5%, above the forecast of 0.4%. In the US, today`s highlight is unemployment claims, with an estimate of 242 thousand. As well, Treasury Secretary Robert Mnuchin will speak at an interview with CNBC. On Wednesday, the Federal Reserve released the minutes of its January policy meeting. However, there were no dramatic nuggets in the minutes. The Fed stated that a rate hike `fairly soon` could be appropriate in order to head off an overheated economy. The minutes indicated...