Japan Eco Watchers Survey: Outlook fell from previous 46.7 to 45.5

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May 12, 2016

Japan Eco Watchers Survey: Current fell from previous 45.4 to 43.5

USD/JPY tracks Nikkei higher, 109 – a whisker away

The extension of gains on the Japanese stocks further fuelled the risk-on sentiment and boosted the bids for USD/JPY, now pushing the rate closer towards 109 ha