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Yesterday the push above 150.50 in the USD/JPY came as US yields rose and the dollar rebounded across the board. That was clear to see and as covered here at the time, the USD/JPY managed to rise above a level that level, which had been capping the topside for several sessions. However, the move above 150,50 did not extend very far.The high seen was at 150.69. It later closed in the US at 150.53. It has not managed yet to climb above 150.69 today, despite the BOJ potentially making a long weekend of it. There seems to be a degree of trepidation out there just now, but that might not stop the dollar from eventually rising further. The range seen so far today has been covered by 150.38 to 150.65. It is just now trading at 150.60
The reaction across the markets following the release of the US data a few minutes ago has helped to lift Gold. Quite why that is the case is not...
The latest US weekly jobless claims and Durable goods orders data have just been released. The focus here is on the claims numbers and they were...
At 12.30pm GMT the US will release the latest weekly jobless claims. Now, more usually this data might not always be that important, but under the...
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