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USD/JPY – Yen Improves On Strong Machinery Orders Report

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 10, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Japanese yen is showing some strength in the Wednesday session. USD/JPY is currently trading at 101.30. In Japan, Core Machinery Orders posted a strong gain of 8.3%, beating expectations. Japanese PPI declined 3.9%, very close to the estimate. As well, Japanese Tertiary Industry Activity posted a gain of 0.8%,[​IMG]

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