US Redbook index (YoY) rises 3.2% in January; (MoM) falls 0.1%

Jan 28, 2014

USD/JPY erases gains after US durable orders

The USD/JPY turned lower and erased intraday gains as the greenback weakened on the back of disappointing durable goods orders.

The Redbook index contracted at a monthly pace of 0.1% and expanded 3.2% over the last twelve months in the week ended on January ...