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Japan Q2 GDP Revision Seen Rising to 1.6%: USDJPY Faces Modest Pressure

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The Story

News Summary

  • Japan's Q2 GDP is projected to be revised up to 0.4% quarter-on-quarter and 1.6% annualized, driven by stronger corporate capital expenditure.
  • However, stagnant private consumption and falling public investment continue to cap broader domestic economic momentum.
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USDJPY price history

154.73 -1.35% over the displayed period

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