Market Overview

USD/JPY Moves Down, Japan Producer Prices Edge Down

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USD/JPY is trading at 106.23, down 0.57.

The pair is trading choppy and just above the session lows. Chatter about global money flows and Japanese economic data is making the rounds.

The Bank of Japan (BOJ) reported that October corporate goods prices (GCPI) fell 0.1 percent versus flat reading in September. Year over year GCPI fell 2.7 percent in October versus a decline of 3.2 percent in September.

 

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

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