The Japanese yen did not have a clear trend today, rising against some currencies but falling versus others. Macroeconomic data released during the Asian trading session was mixed.
The Corporate Goods Price Index rose 2.3% in November from the previous year, a bit less than analysts had predicted — 2.4%. The Indices of Tertiary Industry Activity increased 1.9% in October from the previous month, exceeding the average forecast of a 0.9% increase. Released earlier today, core machinery orders missed expectations.
USD/JPY dropped from 113.36 to 113.19 as of 19:55 GMT today. Meanwhile, EUR/JPY gained from 128.90 to 128.64.
If you have any questions, comments or opinions regarding the Japanese Yen,
feel free to post them using the commentary form below.
