Forex Trading News: EUR German PPI/JPY Monthly Report Released

The German PPI comes out at 1.1% from the previous 0.7%.  This was forecast for a drop to 0.5%.  This is a two year high for this data.

The BOJ leaves assessment of economy unchanged in May report...Economy is slowing on higher energy costs...Japan economy expected to follow moderate growth path...CPI is likely to increase...Must examine uncertainty over global economy and markets...Producing flat in short-term, but likely to increase...Housing investment recovering mildly

The EUR made a rise across the board after the largest economy of the EUROZONE' PPI jumps while it was forecast for a drop.

Very little change seen in any of the JPY pairs after this release.