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Author Archives: JPY Editor

USD/JPY: FOMC minutes weakened USD

On Wednesday the pair corrected to the level of 109.65. USD lost positions in view of weak July statitics from the US construction market and negative data of the minutes of the recent FOMC meeting. The members of the Committee ...

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USD/JPY: gains limited by subdued T-yields

The USD/JPY pair recovers from a daily low of 109.66 achieved during the Asian session, unable however, to extend gains, as equities and yields remain subdued, with the first trying to remain afloat, and yields barely recovering from Wednesday’s slump. ...

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USD/JPY stays near daily highs around 110.30

The greenback is extending its upside momentum on Thursday, now lifting USD/JPY to the 110.30/40 band, or session highs. USD/JPY bid on US data Spot moved higher today after the Philly Fed manufacturing index surprised to the upside today, climbing ...

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USD/JPY: Dips should be limited – Westpac

‘That theme has worked well for now, though with North Korean tensions still smouldering and a very uncertain near term outlook for the political situation in the US, it’s hard to see a compelling argument for a bounce in USD/JPY.’ ...

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