Japan Retail Trade s.a (MoM): -0.8% (June) vs previous 1.7%

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Jul 29, 2015

Japan Large Retailer's Sales fell from previous 5.3% to -0.3% in June

USD/JPY: Bulls fighting for control post Japan’s retail sales

The US dollar remains better bid versus its Japanese counterpart in early moves, with USD/JPY heading towards previous highs, as the yen remains undermined despite the latest Japan’s retail sales figures coming in a touch better than market forecasts.