Japanese Yen Weakens on Machine Tool Data, Business Sentiment

Mar 12,2019 19:30   Source:Earnforex
The Japanese yen is weakening against major currencies on Tuesday, driven by poor economic data and bearish business sentiment. While officials have dismissed concerns of an economic contraction, the market is signaling that a recession is nigh, which could only intensify in a cooling global economy and trade war. According to the Japan Machine Tool Builders’ Association (JMTBA), machine tool orders plunged 29% in February compared to the same time a year […]

沪ICP备13043996号-3  TradeQQ Media Group 汇讯通