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Saturday, May 29, 2010

Japanese retail trade sales were up, the yen moves mix

Saturday, May 29, 2010
today (28-05) reported an increase in performance on Japan's consumer sector, where recent data in Japan's retail sales levels have increased.

The actual release showed that the indicators Retail Sales y / y increase to 4.9% whereas previously expected to fall to 3.7% from the value at the previous period is 4.7%.

Analyst Research Vibiz from Vibiz Consulting suggested that the report showed performance improvement was responded by the investor mix in the forex market.

Observed moving Yen strengthened against the U.S. dollar on the pair USD / JPY tends to Sideways to the pound sterling at GBP / JPY and weakened against the euro on the pair EUR / JPY.

In the pair USD / JPY Yen currency traded in the range of 91.09 was observed, the GBP / JPY was observed to be in the range of 132.80 and the pair EUR / JPY was observed in the range of 113.03.

1 comments:

draftnik said...

Thanks you for this valuable report, but could you clarify can you submit one more article regarding current situation.

Thanks

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