Japan Machinery Orders (YoY) above expectations (4.2%) in March: Actual (16.1%)

FXStreet.com (Barcelona)

May 19, 2014

USD/JPY going nowhere fast as range prevails

USD/JPY trades steady near 101.50, extending its 101.30-60 range established since May 15.

Japan Machine Orders rose by an astounding 19.1% m/m from 5.8% expected.