Japan's preliminary GDP Q3 slightly above expectations

FXstreet.com (Barcelona) - Japan's preliminary gross domestic product (QoQ) (Q3) came at 0.5% vs 0.4% expected and 0.9% prior quarter, with the GDP annualized (Q3) reading at 1.9% vs 1.7% expected and 3.8% last. The reading are in line with the latest comments from BoJ Chief Kuroda, stating the Japanese economy continues to recover at a moderate pace.

Japan 3Q Gross Domestic Product Annualized declines to 1.9% vs 3.8%

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DXY begins to correct lower in earnest on Yellen dovish musings

The US Dollar Index (DXY) is correcting lower in decisive fashion now after days of delaying the inevitable Yellen-related decline. Once she started to share her thoughts on life, it was “game on” for the DXY bears.
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