BOJ monthly report, Japan net exports to see moderate rise

Source: MNI
© FP
In their most recent report, which came out this Friday at 5:00am GMT, the Bank of Japan stated that it expects its net exports to "increase moderately with some fluctuations". This is backed up by the BOJ's belief of the continuation of an upward trend in industrial production. Overall, the BOJ sees the Japan economy in a state of moderate recovery. As of 11:06am GMT the USD/JPY pair is trading at 101.227, 22 pips higher than on the release of the report.
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