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Japanese Indices for All Industry Activity Decline, Yen Falls

November 21, 2018 at 10:19 by Vladimir Vyun

Some yen notes and coinsThe Japanese yen declined today. While macroeconomic data released in Japan during the current trading session was not good, that was unlikely the reason for the decline.

Japan’s Ministry of Economy, Trade, and Industry reported that the Indices for All Industry Activity fell 0.9% in September from the previous month. The actual drop was a bit higher than the forecast 0.8%. The decline followed the gain by 0.4% in August.

USD/JPY advanced from 112.75 to 112.98 as of 10:08 GMT today. EUR/JPY climbed from 128.21 to 128.74.

If you have any questions, comments, or opinions regarding the Japanese Yen, feel free to post them using the commentary form below.

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