Japan's poor economic data sinks steadily

Two of Japan's economic data were poor this morning, with the dollar now reported to be 97.18 yen, 97.46 yen before the news, 97.38 yen last night in New York, and 136.88 yen in the New York City last night with 136.98 yen. Japan's cabinet said that the April core machinery orders fell 5.4%, reflecting the slow recovery.　　On the other side, Japan's May corporate prices recorded its biggest decline in 22 years.　　The euro is now $1.4086 trillion, and last night the city of New York reported 1.4065 dollars. Australia's June consumer confidence index recorded its biggest increase in 22 years, driving the Aussie dollar to a better rate.　　The Australian dollar is now reported to 80.5 cents, the data released before the 80.17 cents, last night reported 80.15 cents, AUD Now reported 78.05 yen, last night reported 78.04 yen. The market is looking at the beige book that the Fed will publish and the 10-year Treasury bill auction later today.