Forex
Japan's Mixed Economic Signals Spark Slight Boost in USD/JPY
Japan's Tankan Large Manufacturing Index has seen a slight improvement in the third quarter, rising to 24 from its previous reading of 22. However, this increase fell short of market expectations, which had predicted a value of 25.
The Tankan Non-Manufacturing Index also saw a decline, dropping to 35 in Q3 compared to its prior reading of 37. Unfortunately for investors, this figure missed the projected mark of 36.
In response to these mixed results, the USD/JPY pair has seen a minor boost, trading 0.14% higher at around 157.50.