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USD/JPY – Yen Shrugs Off Soft Consumer Spending And CPI Data

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Japanese yen is almost unchanged in the Friday session, although it has shown some volatility. Currently, USD/JPY is trading just above the 101 level. On the release front, Japanese Household Spending declined 4.6%, much worse than the forecast of a 2.1% drop. Tokyo Core CPI came in at -0.5%,[​IMG]

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