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The Japanese Yen (JPY)
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Old 05-29-2007, 09:57 AM
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Post The Japanese Yen (JPY)

Hi

29-May The Japanese yen(JPY) trade in a tight range to close the day unchanged from Friday’s session. Overall the USDJPY traded with a low of 121.62 and a high of 121.81 before closing the day at 121.66. Looking ahead a key data day is expected out of Japan with the release of Household Spending (Forecast: 0.2%, Previous: 1.1%), Unemployment Rate (Forecast: 4%; Previous: 4%) and finally Retail Sales (Forecast: -0.4%; Previous: -0.7%). UPDATE: Household Spending: 1.1%, Unemployment Rate: 3.8% and Retail Sales: -0.6%
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