Market Overview

USD/JPY Moves Up, Japan GDP Improves.

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USD/JPY is trading at 107.97, up 1.30.

The pair is trading at the highs of the session.

Chatter about weekend headline news and money flows is making the rounds.

Japan's Cabinet Office reported that gross domestic product (GDP) rose 0.5 percent in the third quarter versus 0.2 percent expansion in the second quarter. Japan's annualized gross domestic product (GDP) was 2.2 percent in the third quarter of versus 0.7 percent in the second quarter. Gross Fixed Capital Formation (CAPEX) in Japan was flat versus a 0.1 percent decline in the second quarter. Japanese private consumption rose 0.1 percent versus a rise of 0.1 percent. External demand rose 0.5 percent versus a 0.2 percent fall in the second quarter.

 

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