Rising exports and rising imports but not by as much as was expected, and not as much as in May.
Exports to:
- China +7.2% y/y
- the EU -13.4% y/y
- the US +11% y/y
USD/JPY has been heavy on the session:
- USD/JPY under 155.50 now
Its around 155.60 as I update
This article was written by Eamonn Sheridan at www.forexlive.com.
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