Friday, November 29, 2013

EURJPY Hit Fresh High On Good Japan CPI

The Japanese CPI readings were flat-to-positive in Oct/Nov data. The price inflation in Tokyo surprised on the upside (Nov CPI y/y +0.9% vs. +0.7% prev), the PMI manufacturing showed the fastest expansion in more than 7 years (55.1 in November vs. 54.2 prev). BoJ Governor Kuroda said to approach 2%



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