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US consumer spending increased 0.4% in June

US personal spending increased 0.4% in June from a month earlier, while incomes rose at a slower pace, increasing 0.2% for the month, the Commerce Department said on Tuesday. Market had expected personal spending and income to rise evenly by  0.3% in June.

The personal consumption expenditures price index, the Federal Reserve's preferred inflation measure, increased 0.1% in June from the prior month. From a year earlier, the index was up 0.9%, well below the Fed’s 2% target.

United States Core Personal Consumption Expenditure - Price Index (MoM) meets forecasts (0.1%) in June

United States Core Personal Consumption Expenditure - Price Index (MoM) meets forecasts (0.1%) in June
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USD/JPY steady near lows after US data

USD/JPY edged a tad lower but held above European session lows following the release of US personal income/spending data. Data showed personal spendi
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