More weak US data
USD/JPY slumped to 111.37 from 111.67 on a duo of soft economic data releases. The ISM manufacturing index fell to 54.8 from 57.2 in April. The March construction spending report fell 0.2% compared to a 0.5% rise expected. The silver lining was that February construction spending was revised to +1.8% from +0.8%.
