Sunday , 23 February 2025
Home Forex Japan data – July household spending +0.1% y/y (expected +1.2%)
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Japan data – July household spending +0.1% y/y (expected +1.2%)

An ugly miss for this data point. At the margin its not yen supportive.

July household spending +0.1% y/y

  • expected +1.2%, prior -1.4%

-1.7% m/m

  • expected -0.2%, prior +0.1%

USD/JPY update. Looks like its going to be a long wait until NFP.

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

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