The Japanese yen is dipping after disappointing GDP data

The Japanese yen slid after some disappointing GDP data.
The yen was down by about 0.3% around 110.22 per US dollar around 8 a.m. ET after climbing as high as 109.44 in early action.
It retraced some of its losses, trading down by 0.2% at 110.02 per dollar at 8:52 a.m. ET.
The final reading showed that Japan's GDP rose by 0.3% in the first quarter, below the preliminary reading of 0.5%.
Economists were expecting 0.6% growth, according to Bloomberg data.
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