Market Overview

USD/JPY Little Changed, Japan's Household Spending Falls


USD/JPY is trading at 101.18, down 0.02.

The pair is trading steady, market chatter about global headline news and comments from policy makers is making the rounds.

Japan's Ministry of Internal Affairs and Communications reported that unemployment rose to 3.1 percent in August from 3.0 percent in July. The agency reported that household spending in Japan fell 4.6 percent year over year in August after a 0.5 percent decline in July. It fell for the sixth month in a row . On the month August spending fell 3.7 percent after a 2.5 percent increase in July.


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Posted-In: Japanese Yen USD/JPY yenFutures Forex Markets

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