The expectation was for closer to 3.5%.
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Japan March retail sales +4.7% YoY
Japan March retail sales +4.7% YoY
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- In-line CPI report leads to a blockbuster day for US stock markets
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- Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
- USD/JPY looks to US CPI report to potentially break ping pong range
- ForexLive European FX news wrap: USD/JPY sticks with the early bounce, ADP up next
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