Yen Subdued Despite Strong GDP

USD/JPY gains for seventh day The Japanese Yen remains subdued despite stronger-than-expected preliminary economic growth data. The currency pair USD/JPY extends its gains for the seventh consecutive day, trading around 159.00 during the Asian hours on Tuesday.

USD/JPY gains for seventh day

The Japanese Yen remains subdued despite stronger-than-expected preliminary economic growth data.

The currency pair USD/JPY extends its gains for the seventh consecutive day, trading around 159.00 during the Asian hours on Tuesday.

The pair’s appreciation suggests that the stronger GDP data has not significantly impacted the Yen’s value against the USD.

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