By FX Empire.com
The USD/JPY pair retreated last week amid the dollar volatility and the risk aversion is which still dominant and drove them to shift to the lower-yielding currencies.
Expectations refer to further losses for the pair, which could force the BOJ to intervene again this year in the FX market to prevent the yen from soaring against the dollar.
On Monday at 23:50 GMT (Sunday), Japan will release the Gross Domestic Product for the third quarter, where the preliminary reading is expected to show a growth of 1.5% from the previous contraction of 0.5%.
The Annualized Gross Domestic Product for the third quarter is expected to show growth of 6.0% compare to the previous contraction of 2.1%.
At 04:30 GMT, the Japanese economy will release the Industrial Production for September, where the previous reading was down by 4.0, while the annual reading was down by 4.0% also. The Capacity Utilization for September had a previous reading of 2.4%.
Originally posted here
