The Japanese yen is slightly higher today after the data but again, we're still caught in holiday-thin trading. So, I wouldn't look too much into that. If traders have to phase out the odds for a BOJ rate hike next month, there will some scaling back to do for the yen. That considering traders are pricing the decision to be nearly a coin flip for now.
This article was written by Justin Low at www.forexlive.com. Read More Details
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