September Japanese Yen futures consolidated today within a slight downward channel, after a spike off the August 1st and 2nd lows. This comes after recent Japanese economic data revealed surprisingly strong second-quarter GDP growth of 0.3% quarter-over-quarter, and an annualized 1.0%, beating forecasts. Exports also rose 8.4% year-over-year, helping to offset tariff pressures, while consumer spending and business investment also exceeded expectations. A late-session rally in the Japanese Yen futures was likely a result of U.S. bond price action, which weakened throughout the day and pulled the yen off its lows by weakening the dollar against all the other majors.