On Thursday, the Japanese government released its monthly economic assessment report for May and reiterated that the economy is in an extremely severe situation. The government also lowered its view on the labour market and corporate investment. Key points: The government assessed that exports are decreasing rapidly, changing its previous assessment of just decreasing. The government kept its view that private consumption was decreasing rapidly. USD/JPY holds steady The report did little to influence the Japanese yen. Meanwhile, the USD/JPY pair extended its subdued/range-bound trading action and continued with its struggle to make it through 50-day SMA. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP: Repricing The Brexit Risk N-Term; Going Long EUR/GBP Via Options – Danske Kenny Fisher 3 years On Thursday, the Japanese government released its monthly economic assessment report for May and reiterated that the economy is in an extremely severe situation. The government also lowered its view on the labour market and corporate investment. Key points: The government assessed that exports are decreasing rapidly, changing its previous assessment of just decreasing. The government kept its view that private consumption was decreasing rapidly. USD/JPY holds steady The report did little to influence the Japanese yen. Meanwhile, the USD/JPY pair extended its subdued/range-bound trading action and continued with its struggle to make it through 50-day SMA. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
