Japanese govt revises down economic view for 2nd straight month via ForexLive


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Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


  • cites falling output

More detail to follow

  • CAO cuts output assessment saying ” industrial production is decreasing recently” in reaction to the jump in demand prior to April's sales-tax increase
  • “private consumption appears to be pausing recently” as does the improvement in corp profits
  • CAO says economy is expected to recover ” although weakness remains for the time being”
  • risk inc a protracted reaction to the tax rise and slowdowns in overseas economies

The review echoes previous comments on output by Kuroda

USDJPY 106.61 after the repeated reality check

posted via ForexLive


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: FuturesForexGlobalEconomics