US Redbook index (MoM) rises to 0.6% in May 19; 2.7% (YoY)

May 29, 2013

USD/JPY rebounds off lows to 101.33/35

The USD/JPY recently bounced off intraday lows of 100.96, in what has turned out to be a very volatile trading session thus far Wednesday.

US: Redbook Index rose 0.6% MoM

The Redbook index advanced 0.6% on a monthly basis in the week ended on May 19 and 2.7% YoY, against previous prints at 0.5% and 2.4%, respectively...