In currency trading the Asian session today (29-07), seen through the strengthening of the Yen against the U.S. Dollar. Pair EUR / JPY is currently engaged in the range of 87.20.

Previously, this morning has been released retail sales data y / y for the period June 2010 Japan recorded an increase of 3.2%, preferably from 2.9% the previous period. But the strengthening yen is estimated that more caused by the slowing U.S. economic recovery is reflected in the results come back bad U.S. economic data this week.

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