Japan Annualized Housing Starts climbed from previous 895M to 906M in April

FXStreet.com (Barcelona)

May 30, 2014

Japan Housing Starts (YoY) came in at -3.3%, above forecasts (-8.4%) in April

USD/JPY bears stopped at 101.50 support

USD/JPY started the day at 101.75 and touched the low at 101.48, but 101.50 support area turned out to be too strong for the bears; Currently the pair is trading at 101.58.