JPYINR trading range for the day is 58.23-59.15. JPY remained under pressure amid weaker GDP for the first quarter in Tokyo and ahead a trio of events that heighten market risk.
Japan’s gross domestic product was bumped down to +0.3 percent on quarter in the first three months of 2017, the Cabinet Office said in revised reading. A measure of peoples’ assessment of the Japanese economy increased for the second straight month in May, in line with expectations.
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