Japanese Indices for All Industry Activity Decline, Yen Falls

The Japanese yen declined today. While macroeconomic data released in Japan during the current trading session was not good, that was unlikely the reason for the decline.
Japan’s Ministry of Economy, Trade, and Industry reported that the Indices for All Industry Activity fell 0.9% in September from the previous month. The actual drop was a bit higher than the forecast 0.8%. The decline followed the gain by 0.4% in August.
USD/JPY advanced from 112.75 to 112.98 as of 10:08 GMT today. EUR/JPY climbed from 128.21 to 128.74.

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