Japanese Yen Soft, Domestic Data Doesn’t Help

Jun 07,2019 21:57   Source:Earnforex
The Japanese yen was largely soft today as market participants felt no need for safety provided by the currency. Domestic macroeconomic data did nothing to help the currency. Average cash earnings fell 0.1% in April, year-on-year. While not a good reading by itself, it was still a better result than a drop by 0.7% predicted by analysts and the 1.3% decline registered in March (though it itself got a positive revision from the 1.9% […]

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