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USD/JPY – Slumping Yen Falls To 3-Week Low

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 13, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Japanese yen has taken a breather on Wednesday, following strong losses in the Tuesday session. USD/JPY is trading at 1.04.70. On the release front, Japanese Revised Industrial Production posted a steep decline of 2.6 percent, below expectations. In the US, In the US, today’s highlight is Crude Oil Inventories,[​IMG]

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