- US Retail Sales rise more than expected in October.
- Quiet session across financial markets on Wednesday.
- USDJPY is marginally higher, moving between 139.00 and 140.00.
The USJPY is hovering around 139.40, marginally higher for the day, following the release of US economic data, on a relatively quiet session. The pair continues to stabilize after sharply moves last week.
Dollar mixed after data
US data come in mixed to positive. Retail Sales in October rose 1.3%, the best reading in eight months. Industrial production dropped 0.1%, against expectations of an increase of 0.2; September numbers were revised lower from 0.4% to 0.1%.
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