Japan's household spending
- Prior month -6.3% (they were expecting -4.1%)
- Household spending for February YoY -0.5% vs -3.0% estimate
- MoM 1.4% vs -2.1% last month
After last month's sharper-than-expected fall, this is welcome news for spending.
For a technical look at the USDJPY, see the video below:
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