The USD/JPY is trading into 111.30 in early Wednesday action as the US Dollar pushes upwards against the safe-haven Yen as broader markets continue to let go of last week's risk-off plunge on Turkish contagion fears. The Greenback has been grinding higher against the JPY in the early week with little economic data for both the US and Japanese economies, but Wednesday will be seeing m/m US Retail Sales (excluding autos) for July at 12:30 GMT which are forecast to tick down slightly to 0.3% from the previous reading of 0.4%. On the Yen side, late Wednesday will be seeing Japan's Trade Balance figures at 23:50 GMT, and ... (full story)