Daily Report: Yen Selloff Continues on Deflation, Weak Economic Data

December 29, 2012 by  
Filed under FX News

Yen drops further today on expectations that the Japanese government would accelerate monetary easing to boost the economy. Consistent deflation pressure reinforced this view. The Japanese government released a series of economic data. Consumer price remained weak in the world’s third largest economy. Core CPI dipped to -0.1% yoy in

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