China: Inflation to decline further - RBS

FXStreet (Bali) - RBS expects a further decline in the Chinese headline inflation rate today.

Key Quotes

"Following China’s surprisingly weak import figures released over the weekend, January CPI is due in China during the Asia session – falling commodity prices may result in a further decline in the headline inflation rate."

USD/JPY bulls need 119.25 to give

USD/JPY is trading at 118.59 with a high of 118.67 and a low of 118.52.
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