The Japanese yen fell against the US dollar today on the signs of the economic recovery in the US, including the growing retail sales and the improving consumer confidence.
The economists’ estimates show, before the tomorrow’s report, that the retail sales in the US roe 0.6 percent in November, following the growth by 1.2 percent in October. The Thomson Reuters/University of Michigan preliminary index of consumer sentiment showed last week the increase from 71.6 in November to 74.2 in December.
USD/JPY went up from 83.98 to 84.11 today as of 11:23 GMT after it reached the intraday high of 84.34.
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