Talking Points
- US dollar struggled recently against the Japanese Yen, and looks set for a break in the near term.
- Japanese Merchandise Trade Balance Total released by the Ministry of Finance posted a trade deficit of ¥-268.1B in July 2015.
- Japanese All Industry Activity Index released by the Ministry of Economy, Trade and Industry registered an increase of +0.3% in June 2015, which was lower compared with the forecast of a +0.4% rise.
- USDJPY has formed an interesting structure and looks poised for a break moving ahead.
Key Highlights:
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