Yen Gains on Economic Data, Risk Aversion

The Japanese yen was firm today after the release of positive domestic macroeconomic data. The currency gained on the euro also due to the market sentiment that worsened after what looks like as a terrorist attack in France.
Japan’s tertiary industry activity rose 0.2% in February from the previous month (seasonally adjusted) after falling at the same rate in January. The Nikkei Flash Japan Manufacturing PMI increased from 52.4 in March to 52.8 in April.
Risk aversion on markets strengthened after an attacker killed one and wounded two policemen in Paris.
USD/JPY slid from 109.31 to 109.12 as of 12:37 GMT today. EUR/JPY declined from 117.16 to 116.75.

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