Friday, June 27, 2014

Daily Report: Yen Rises after Solid Data, NZD Jumps

The Japanese yen strengthens after a batch of mostly positive economic data. National CPI core rose 3.4% yoy in May, and Tokyo CPI core rose 2.8% yoy in June. Both were inline with expectation. Retail sales dropped -0.4% yoy in May, better than consensus of -1.9% Yoy. Unemployment rate unexpectedly



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