Yen Softens as Japanese Household Spending Slides

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Japanese yen has reversed directions on Tuesday, as USD/JPY trades at the 113 line early in the North American session. In economic news, Japanese Household Spending dropped by 3.1 percent, below expectations. Today’s key event is US ISM Manufacturing PMI, with the markets expecting a weak reading of 48.5[​IMG]

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