Sunday, December 28, 2014

USD/JPY: $29 Billion Stimulus Plan Approved by the Japan Cabinet

On Friday, the USD strengthened 0.13% against the JPY and closed at 120.40. The JPY continued its downward trend after poor macro-economic data from Japan cast doubts on the economic health of the nation. Data released last week indicated that Japan's annual core consumer inflation decelerated for a fourth consecutive month



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