Japanese government's monthly forecasts out earlier 22 June
- moderate recovery underway
- raises capex assessment
- business investment picking up
- raises consumer spending assessment for 1st time in 3 months
- pvt consumption picking up moderately
Nothing we haven't heard before,
USDJPY duly unfazed at 111.05, pinned down by large option expiries.
More details here.
USDJPY 60m
