Bad Data, Possibility of Canceling Olympics Pushing USD/JPY Higher. Can it Continue into Fiscal Year-End?

<p>The news was not good for Japan this week.  First, Japan extended its state of emergency due to the coronavirus to 5 more Prefectures.  In addition, the Bank of Japan downgraded their forecast for near-term growth.  Inflation and PMI data released today were both horrific.  There is even talk that the Tokyo Olympics this summer […]</p>
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