Dollar/Yen is trading around 110.08 after starting the week at zero (up 0%) .
A good end to the trading week, USD/JPY is up to 110.08 having started the week at 109.86, overall a 0% move or 11,008 pips this week. (Trade Dollar/Yen with FXTM now).
This move comes while some more positive signs for Dollar/Yen are out as United States Philadelphia Fed Manufacturing Index (Jul) published yesterday at 12:30 PM came out at 21.9, falling short of the 28 projections and continuing its decline from the previous 30.7 figure.
On the other hand, data for United States Retail Sales released today at 12:30 PM comes out at 0.6%, beating projections of -0.4% and showing improvement over the preceding figure of -1.7%. Data for United States Core Retail Sales released today at 12:30 PM comes out at 1.3%, beating projections of 0.4% and showing improvement over the preceding figure of -0.9%. United States Initial Jobless Claims matches expectations with new data release of 360,000. This is also a step forward from the previous data of 386,000.
More data out yesterday as Japan Interest Rate matches projections with new data release of -0.1. The indicator value is unchanged and is the same as previous data of -0.1.
Dollar/Yen shows positive signs, other assets are also on par:
Outlook for rest of the week: Market is looking forward for Japan Balance of Trade projected to outperform last figure with -91.20 billion, while it previously stood at -189.40 billion, figure will be published Monday. Japan Exports is expected Monday.