White Home pressuring Japan to up protection spending

The Pentagon is placing strain on Japan kind occasion spending, based on Nikkei.

US desires Japan to spend above three.5% GDP. Japan officers say that such a transfer could be tough given a minority authorities.

The JPY has been robust at the moment vs the USD. Trying on the hourly chart beneath, the worth has moved beneath the 200 hour MA, however stalled close to the 100 hour MA for the 2nd consecutive day. That transferring common is available in at 147.64. Transfer beneath that stage enhance the bearish bias perspective.

This text was written by Emma Wang at investinglive.com.