Japan: Better Machinery Orders Than Expected

<p>This morning, government data showed that Japan’s core machinery orders slid only 0.4% on month in March (vs -6.7% expected). Tomorrow, April, Balance of Trade will be released. A 560 billion yens deficit is expected with a 22.7% drop in exports. From a technical point of view, on an intraday chart, USD/JPY stands above an […]</p>
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