Its not simply in regards to the yen – USD is broadly decrease in Asia Monday commerce

USD/JPY is beneath 1591.90 after robust knowledge earlier:

• Japan This fall GDP surges to +2.eight% annualized (from +1.zero% anticipated), deflator hits 2.eight% – yen up

• USD/JPY traded beneath 152.00 after the very robust This fall financial development knowledge

Akazawa is urging warning:

• Japan financial system minister Akazawa is cautious in regards to the robust GDP end result

Its not simply yen on the rise, EUR, GBP, AUD, NZD, CAD are all slightly stronger, tovarious extents.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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