The Japanese yen skidded Monday following the GDP fell lower than projected in the second quarter.
According to the Cabinet Office, economic growth slipped 0.4% in the second quarter, from 1.1% in the previous quarter.
The currency stood at ¥137.92 to the euro and ¥124.34 to the US dollar.
Meanwhile, traders will look forward to Japan’s exports and imports data, as well as the trade balance for July, all due Tuesday.
The material has been provided by InstaForex Company – www.instaforex.com