Thursday, December 26, 2013

USD/JPY - New Highs (Yet Again) But Bullish Conviction Low

Yen weakened further against the Greenback this morning following a slew of economic data release. First off the bad news Household spending have slowed to a 0.2% growth versus an expected 1.8%, while Jobless Rate remained at 4.0% despite expectations of a slight decline to 3.9%. Industrial Production was



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