Japan still struggles to inflate prices
Economics by Otmane El Rhazi : The rally in USDJPY is taking a breather and understandably so following its spike to levels not seen since 2002. Data overnight indicated once again the fragility of the Japanese economy with inflation continuing to remain anchored and a surprise decline in household spending putting an end to the recent move higher. The BOJ’s efforts to get inflation back to 2% are proving harder than was expected as the ever declining Yen is causing Japanese consumers, who for years have been used to…Regards,Otmane El RhaziBusiness Assets ManagementForex & Equity TradingText/Mobile, +44 7414 782 320 RISK DISCLOSURE STATEMENT PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE.