USDJPY Extends Losses After Japanese Machine Orders Crash

Zero Hedge | 2/14/2018 | Staff
ditranian (Posted by) Level 3
Click For Photo: https://www.zerohedge.com/sites/default/files/2018-02/2018-02-14_15-59-49.jpg

It has not been a good week for Japan's economic outlook as following last night's dismal GDP print, tonight shows Japanese Machine Orders collapsed 11.9% MoM in December - the biggest crash since Japan raised the sales tax in May 2014...

Against expectations of a modest 2.0% drop (after November's 5.7% rise, Machine Orders collapsed...

Orders

Foreign Orders...
(Excerpt) Read more at: Zero Hedge
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