jpy dropped

yaniv301

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Retail Sales in Japan dropped 0.3% YoY, slightly less than the 0.6% drop expected.
Large Retailers' Sales, however, dropped in a more substantial rate of 3.4%, far more than the -1.9% expected.
As a result, the JPY weakened against its major counterparts in the market.
what do you think about the trend?
 
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