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JPY Strengthens In Spite Of Weak Inflation Data

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Overnight, the Japanese yen was the best performer among the G10 complex. The JPY surged roughly 0.49% against the USD dollar amid better-than-expected inflation figures and Tankan report. However, the headline CPI kept sliding in May as it contracted 0.4%y/y after a contraction of 0.3% in the previous month but[​IMG]

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