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USD/JPY traded under 152.00 after the very strong Q4 economic growth data

  • February 17, 2025
  • -FCHFX

February 17, 2025 at 12:03AM
Super strong data from Japan:

Japan Q4 GDP surges to +2.8% annualized (from +1.0% expected), deflator hits 2.8% – yen up

+0.7& q/q vs. +0.3% expected

expanded for a third straight quarter

net exports improved

capex up

domestic demand fell a touch, dragging on GDP

This bolsters the case for further and quicker interest rate hikes from the Bank of Japan.

Its sent yen higher:

This article was written by Eamonn Sheridan at www.forexlive.com.

USD/JPY traded under 152.00 after the very strong Q4 economic growth data
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