Greenback appreciates against Yen despite good Japanese GDP data

Note: This section contains information in English only.
Source: Investing.com
© FP
Japanese annualized GDP growth of 1.7% did not affect the trade between the US and Japanese currencies, as the Greenback continues to rise against the Yen, as US consumer prices in April rose the most in three years, bolstering expectations that the Fed will increase interest rates this year. The Buck was up 0.3% to 109.50 against the Yen by 8:30 GMT.
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