The yen gain on Monday in Asia after core machinery orders jumped unexpectedly and producers prices lagged monthly, providing mixed signals on the economy. USD/JPY changed hands at 102.47, down 0.24%, while AUD/USD was flat at 0.7541.
Japan reported core machinery orders jumped 4.9% month-on-month in July, a second straight monthly increase and well above the 3.5% fall seen, and showed a 5.2% gain year-on-year, compared with a 0.3% increase expected. The data highlight strong growth in a key seg…
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