USDJPY Still Dropping Prior Today's US Economic Release

U.S. Dollar / Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar / Japanese Yen

USDJPY has been dropping for the past 7 days of trading amidst political tension on the EUROZONE making safe-haven currency stronger against the Dollar. With US 10 year yield now pulling below psychological level 3%, will today's economic news be a momentum for an uphill battle with the Yen currency considering positive Japan Retail Trade released just minutes ago while US will go ahead of imposing 25% tariffs on $50bn worth of Imported Goods from china or a possible leg down towards next price level support around 107.272

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