US Dollar slips against Yen in risk-off trade

Source: Investing.com
© scanpix/Reuters
The US Dollar weakened against the Japan's currency, following the release of better than expected economic data from Japan. USD/JPY reached 123.22 on Asian trading, the pair's lowest since June 22. While Japan's household spending edged 2.4% and CPI grew by 0.5% in May, the US market sentiment stayed under pressure through negotiations on the Greek debt.

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