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JPY Consolidates Gains In Spite Of Weak GDP Figures

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 15, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    In the wake of the release of disappointing Jul US retail sales figures, the Japanese yen appreciated sharply against the greenback on Friday, with USD/JPY returning at around 101.20, down roughly 1%. Advanced retail sales came in well below the 0.4%m/m expected expansion and printed flat, compared to an upwardly[​IMG]

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