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The Nikkei 225 did not buy the US rebound and that has stalled the USD/JPY so far today
The rebound in the US stock markets yesterday and the price action across the futures since then has not exactly helped the Nikkei 225 today. In fact the Nikkei 225 has not rebounded at all. The index is right now barely changed leading into the close, at around 35,600 and that has seemingly stalled the rebound in the USD/JPY above 150. The dollar has recovered that level yesterday and closed out the month in the US at 149.96, after reaching 150.26 earlier in the evening. The price action today has seen it edge lower from an earlier Asian session high, at 150.14. The low seen has been set at 149.54, but it has rebounded from that low just now. As with most things right now, the USD/JPY faces a very uncertain run into the end of the week. The USD/JPY is right now at 149.80
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