FXStreet (Guatemala) - Analysts at Scotiabank explained that the Japanese data released overnight saw the unemployment rate fall three tenths to 3.1% ‐ a 20‐year low—while headline inflation edged up slightly to 0.3% Y/Y. Key Quotes: "Core inflation eased to 0.7% Y/Y, down from 0.9% in September and a little below market expectations, suggesting that a weak inflation environment persists. Household spending retreated 2.4% Y/Y in October. Low price growth and weak spending suggests slow growth/low inflation will persist and pressure for more stimulus (fiscal or monetary) remains high. The contrast with Fed tightening should be supportive for USD/JPY." For more information, read our latest forex news.