Japan October Machinery orders +0.7% m/m (vs. expected -0.5%)

HomeForex News

Japan October Machinery orders +0.7% m/m (vs. expected -0.5%)

Another better than expected data point from Japan's economy. USD/JPY is not a lot moved on the data release - its had huge swings in response to the

Another better than expected data point from Japan’s economy.

USD/JPY is not a lot moved on the data release – its had huge swings in response to the FOMC and talk of a Bank of Japan pivot as early as January:

***

The orders data is a highly volatile data
series. Its seen as a leading indicator of capital spending in
the coming six to nine months.

www.forexlive.com

COMMENTS

WORDPRESS: 0
DISQUS: