Japanese data out earlier 12 May 2016
- 45.3 prev
- outlook 45.5 vs 46.2 exp vs 46.7
Not Tier 1 data , not that any data moves yen prices normally.
The Economy Watchers Current Index measures the current mood of businesses that directly service consumers, such as barbers, taxi drivers, and waiters. The data is compiled from a survey of about 2,000 workers. A reading above 50.0 indicates optimism; below indicates pessimism.
USDJPY 108.83 after running into the offers/res at 109.00 that I highlighted earlier.
Nikkei lower too at 16,595.73 after 16,658.07 session highs.
