The Japanese yen was weaker today after the release of mixed economic data from Japan.
On the positive side, household spending rose 1.2% in February from a year ago while analysts had predicted a drop by 1.8%. On the negative side, the unemployment rate rose unexpectedly from 3.2% to 3.3% last month. Retail sales were up 0.5% in February 2016 from February 2015, about three times below forecasts.
USD/JPY rose from 113.44 to 113.61 as of 11:39 GMT today. EUR/JPY was up from 126.99 to 127.23.
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- March 29, 2016
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