Published: 2025-07-04T01:43:19.000Z
USD/JPY flows: Strong Household spending
FX Analyst
1
A blockbuster Household Spending for Japan
The May Japan household spending came in strong at 4.7%, the strongest level seen in the past few years. It would be a welcoming sign for the BoJ to hike rates as consumption has been restrained by negative real wage lately.
USD/JPY is trading 0.12% lower at 144.72.