Japan Jibun February preliminary manufacturing PMI 48.9 (prior 48.7) ...Middle East

Manufacturing 48.9

prior 87.7

prior 53.0

Composite 51.6

prior 51.1

Japan January Core CPI 3.2% y/y vs. 3.1% expected

All three of the main measures are well above the Bank of Japan 2%.

Updating USD/JPY, after its big slide its had a bounce. This is hourly chart ... its been heavy all week:

This article was written by Eamonn Sheridan at www.forexlive.com.

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