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Dubai – Bassam Rashed – The US dollar fluctuated in a bullish range during the Asian session against the Japanese yen following developments and economic data that followed. Monday, which included the governor of the Japanese central bank Haruhiko Kuroda at the quarterly meeting of Bank of Japan branch directors in Tokyo and a lack of economic data from the US economy earlier this week.
At 5:57 GMT, the US Dollar was up against the Japanese Yen (JPY) by 0.03% at 110.46 compared to opening levels at 110.43 after the pair hit a high of 110.53. At 110:30.
We followed the Japanese economy by publishing the annual reading of the bank loan index, which showed accelerated growth to 2.2% compared to the previous May and expectations to 2 , 0%, at the same time as the Trillion Yen current account of 1.89 billion yen in April, down from expectations of 1.18 billion yen.
We have seen the remarks of the governor of the Bank of Japan, Haruhiko Kuroda, at the quarterly meeting of branch directors of the Japanese central bank to reveal the current state of current and future conditions of 48.1 against 47.1. In May, below the expectations of 48.2, the future expansion to 50.0 against a contraction of 49.2, below the expectations that indicated the enlargement of 50.1
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