USDJPY ignores the latest revisions but there's more to come

Not matter how many times they revise it Q1 doesn't get any better. They'll get another chance at the end of July when the BEA runs some seasonal revisions

USDJPY managed around a 13 pip move lower on the release which was more or less on target . As Adam notes, the upwardly revised consumer spending number is probably the only point worth mentioning

USDJPY is struggling to get itself back above 124.00

USDJPY 15m chart