The knowledge on wages and spending are right here:
Both are disappointing.
Meanwhile USD/JPY popped 145 in a single day however has slipped again just a bit in morning commerce right here. Above 145.70 was the place we had Japanese authorities intervene to help the yen a few weeks in the past. Markets have been timid of 145 since. But, a retest of the sooner highs appears inevitable. On the every day chart we ain’t even that distant!