USD/JPY finds impetus via US Retail Sales. In the United States, - TopicsExpress

USD/JPY finds impetus via US Retail Sales. In the United States, Retail Sales (MoM) have climbed +0.6% in May, beating expectations of +0.4%. Moreover, Initial Jobless Claims (June 7) yielded 334K, against estimates of 345K. Despite the recent movement, the USD/JPY still remains buried in negative territory at 94.22, down a crushing -1.85%. With the 94.62 support in the rear-view mirror, the Mataf.net analyst team calculates the next supportive structures for the USD/JPY at 93.93, then 93.73.

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