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Japan data: April Industrial Production (preliminary) -0.4% m/m (expected 1.5%)

Japanese April Industrial Production (preliminary) -0.4% m/m, first fall in 3 monthsexpected 1.5%, prior 1.1%for the y/y -0.3%expected +2.0% prior -0.6%April retail sales data have missed also:-1.2% m/mexpected +0.5%, prior +0.3%+5.0% y/yexpected +7.1%, prior +6.9%---USD/JPY is barely changed on the data. Around 139.79.Yesterday we had verbal intervneuiton in the yen, awiaitng any more of this today:BOJ, Japan MOF and FSA to hold emergency meeting at 0830 GMT todayUSD/JPY dips on emergency meeti... Read More

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Posted: May 30 2023, 23:59

Author Name: forexlive

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