News Headline Summary

Japanese Industrial Production (Jun P) M/M -3.3% vs. Exp. -1.5% (Prev. 1.9%)

- Industrial Production (Jun P) Y/Y -4.8% vs. Exp. -2.6% (Prev. -1.1%)

- Japan manufacturers see July output +6.5% M/M and August output at -0.9% M/M.

Reaction details (00:56)

- No immediate reaction seen in USD/JPY, trades 97.94 (+2 pips) last.
- In the following 3 minutes after the release, USD/JPY moved higher by 9 pips to 98.03 from 97.94, trades 98.03 (+11 pips) last.

30 Jul 2013 - 00:50 - Forex - Source: Newswires

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