Consumption Sector Pressure Yen Strengthens Against Euro
fxbom.com
05:01 PM
Ministry of Economy, Trade and Industry (METI) today (29-11) reported an increase in the consumption sector performance.
Release the actual data shows that the indicators Retail Sales y / y increase to 1.9% previously forecast to rise to 0.7% of the value in the previous period is -1.1%. Currency walking pair EUR/JPY was observed in the range of 103.87.
Reports showing improved performance is sustained by the growing interest of investors in the forex market to hold the yen, so the currency is moving to strengthen the pair EUR / JPY.
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