Market Overview

USD/JPY Trading Lower; Japan's GDP Edges Down, Private Consumption Flat


USD/JPY is trading at 113.73, down 0.20.

Japan's Cabinet Office reported annualized gross domestic product (GDP) during the fourth quarter edged down to 1.2 percent from 1.3 percent in the third quarter. Quarter over quarter, Japan's GDP rose 0.3 percent in the fourth quarter versus 0.3 percent rise in the third quarter. Japan's Private consumption was flat during the fourth quarter versus a rise of 0.3 percent during the third quarter.


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