Friday, April 14, 2017 4:31 PM EDT
More indications that the US economy is not doing anything like as well as the soft survey data would suggest has sparked a fresh round of selling in USDJPY.
The data sent the Yen to its strongest level since just after the Trump election.
This is the biggest weekly drop for USDJPY since July 2016.
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Copyright ©2009-2014 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time you engage the site: they're updated constantly without notice.
OTHERS TO WATCH: Many others in the retail sector are lower this morning, including Macy's, Kohl's, American Eagle, Nordstrom (JWN), Abercrombie & Fitch (ANF) and Urban Outfitters (URBN).
Read more at:
http://thefly.com/landingPageNews.php?id=2485223
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