Japanese exports to China fell for the 11th consecutive month

<p>Japanese trade data and machine orders are mixed. USD/JPY is unmoved upon the release though.</p><p>A Japanese official noted that the country's exports to China fell for the 11th consecutive month.</p><p>Core machinery orders data is a highly volatile series used as a leading indicator of capital spending in the coming six to nine months.</p><p>The m/m rise above expectations is encouraging, but as noted, it's a volatile series. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.