US Import Price Index (MoM) rises to 0.6% in Jan and (YoY): -1.3
Feb 13, 2013
Forex: USD/JPY trading at 93.45/46 following US data
The USD/JPY has had a wild session, spanning nearly 100 pips (92.82 intraday minimum, 93.79 intraday maximum). In recent moments however the pair has rescinded its gains, though is now returning to opening levels where it is testing negative territory on the heels of economic data in the US. At the time of writing the pair is negotiating the region of 93.45/46.
The Commerce Department has informed that US retail sales have expanded 0.1% on a monthly basis during January, matching estimates. Ex autos, sales have also advanced 0.2%, beating expectations at +0.1%...