The Japanese yen is slightly stronger, as USD/JPY is trading at 81.10. CSPI will be released later on Monday. The March reading dropped by 0.6%, a sixth-month low. No change is expected by the markets in this month’s release. USD/ JPY is trading within range, at 0.8122. CSPI dropped, but still beat the market forecast. The consumer indicator posted a figure of -0.3%, while the markets had forecast a reading of -0.6%. The yen has edged upwards, with USD/JPY trading at 81.25. The markets are waiting for a host of releases on Thursday, including Retail Sales and CPI. All Industries Activity declined, posting a reading of -0.1%. This was just shy of the market forecast of 0.0%. USD/JPY has dropped below the 81 level, trading at 80.889.  


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