Risk Sentiment Drives the Safe Haven Currencies Lower
Japanese Yen Trading
Low-grade Japanese data brought a 0.3% monthly rise in industrial production, a -1.2% fall in large retailers’ sales, a 0.7% increase in retail trade, a modest improvement in housing starts and a -1.7% fall in capital spending. Typically, these economic data were of less consequence to the yen than the broad market’s appetite [...]