(Reuters) - The yen matched last week's three-month low against the dollar on Tuesday on surprisingly weak machinery orders data that underscored market expectations for the Bank of Japan to raise interest rates only gradually.
Japan's core machinery orders fell 4.5 percent in March from the previous month, well short of market expectations for a 1.3 percent rise and raising doubts about the strength of capital spending that has helped underpin growth in the past year.
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