Yen Rises Ahead Of Japan Housing Starts

Japan housing starts data for January is due at 12:00 am ET Monday. Housing starts are expected to decline at an annual pace of 0.3 percent, compared to -1.3 percent in December.

Ahead of the data, the yen rose against its major rivals.

As of 11:55 pm ET in the Asian deals, the yen was trading at 123.79 against the euro, 157.06 against the pound, 113.56 against the Swiss franc and 113.23 against the U.S. dollar.

The material has been provided by InstaForex Company –