Japan's Leading Economic Index eased from 92.8 to 92.1 in November. The Coincident Index fell from 90.7 to 90.2. All Industry Activity index contracted by -0.3%, as expected. The USD/JPY is currently testing the 89.00 handle for support, and has printed its daily low at 88.90.
“A move above 90.25/26 is needed to reassert upside pressure, while capped here a slide back to the up trends remains feasible”, wrote Commerzbank analyst Karen Jones.