USD/JPY: measures by the Bank of Japan were insufficient

Forex analytics: The data released today showed that the pace of Japanese economy is slowing down and as well as economic recovery. Business activity index in the service sector fell in December услуг (-0.6% versus the decline of 0.9% in November). Industrial production in December fell by 1.7% and by 1.9% on annual basis. Capacity utilization has decreased respectively (-1.0% in December). GDP in Q4 fell by ...