Flash: JPY still remains vulnerable to slide – Investec

FXstreet.com (New York) - Corporate Treasury Lee McDarby at Investec analyzes the outlook of the JPY with regards to the recent batch of economic data in Japan.

Key quotes

“Japan has posted weaker than expected economic data overnight, indicating that the country’s woes continue despite the government’s persistence in trying to revive the economy and ending deflation.”

“The JPY’s seemingly never ending weakness appeared to have subsided over the last couple of months but if these cracks in the economy widen the Yen could yet again find itself on the slide, should further easing be called for.”