Japanese Yen Weakens Despite Better Q1 GDP Amid Higher Business Spending

Jun 04,2019 18:42   Source:Earnforex
The Japanese yen is weakening against several major currencies on Tuesday, despite upbeat economic data and positive news that should strengthen the safe-haven currency. So far this year, the yen has made commendable gains against a basket of rivals, attracting investors fleeing from geopolitical tensions and trade strife. Domestic business spending surged in the first quarter, shows the latest Ministry of Finance (MOF) data. According to the Japanese government, […]

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