Jude_N

Good possibility to strengthen the bulls

Long
WHSELFINVEST:GBPJPY   British Pound / Japanese Yen
Possible Re test to 134.400-500 which has been the daily strong confluence area will provide the bulls to run faster to 137.00 mark and above.
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Japan posted a current account surplus of 1,176.8 billion yen in May, the Ministry of Finance said on Wednesday.
That exceeded expectations for a surplus of 1,088.2 billion yen and was up from 262.7 billion yen in April.
The trade balance showed a deficit of 556.8 billion yen, down 18.1 percent on year. Exports tumbled 28.9 percent on year to 4.197 trillion yen, while imports sank an annual 27.7 percent to 4.754 trillion yen.

The capital account showed a deficit of 3.7 billion yen, while the financial account saw a deficit of 187.3 billion yen.

News : RTT News

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