JPY holding its gains

• Japanese data was stronger earlier in the session

I posted on the Japanese data earlier:

• Japan preliminary Q2 GDP +0.3% q/q (expected +0.1%)
• the fifth consecutive quarter of GDP increase
• better GDP = less dovish BoJ bias = higher yields, stronger yen.

JPY has since gained:

• USD/JPY is circa 147.60 from early highs above 147.80