Dollar/Yen retreats 81 pips from 2 months high .
A bearish end to the trading week, USD/JPY remains in the 109.51 range after starting the week at 109.76 and dropping 25 pips. (Start trading Dollar/Yen at FXTM today).
On the flip side United States Crude Oil Inventories published yesterday at 3:00 PM came out at -5.08 million, falling short of the -2.44 million projections and continuing its decline from the previous -1.66 million figure.
Meanwhile, Japan Household Spending (MoM) (Apr) released yesterday at 11:30 PM is better than expected at 0.1 but down from preceding data of 7.2 according to new data. Japan Household Spending (YoY) (Apr) comes out at 13, above the estimate of 9.3. This is also a step forward from the previous data of 6.2.
In the meantime negative performances are also seen in other symbols, USD/SGD fell to 1.3185, hitting a 3 months low. Dollar/Swiss drops to 0.8947, as it hits a 3 months low. Aussie/Dollar drops to 0.7642, as it hits a 6 weeks low.