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Commodity News |
HeadLine : |
Yen gains further ahead of BoJ policy details, after mixed data |
Date : |
Jul 29 2016 |
The yen gained further Friday on a slew of data from Japan across consumer prices, retail sales, household spending and industrial production on Friday and all ahead of a closely-watched central bank policy review.
USD/JPY traded at 104.19, down 1.03%, while AUD/USD traded at 0.7530, up 0.36%.
Later in the session the Bank of Japan will unveil its latest monetary policy statement and interest rate decision.
Earlier in Japan, household spending fell 1.1% in June month-on-month, compared to an expected 0.4% gain with year-on-year showing a 2.2% drop. National CPI fell 0.4% in June year-on-year, matching expectations, while the unemployment rate dipped to 3.1% from 3.2%
Source: Investing.com
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