Canada Retail Sales (MoM) meets expectations (0.7%) in April

Canada Retail Sales (MoM) meets expectations (0.7%) in April
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USD/JPY rallies past 159 on rebound in US Dollar, Japanese disinflation

USD/JPY continues its relentless climb, reaching the 159s on Friday – only one big figure away from the April highs of 160.32, where the Japanese authorities finally stepped in to prevent a further depreciation of their currency.
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