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Upon further investigation there is some news that has impacted the Yen and it seems to stem from reports emerging out of South Korea. According to those reports the South Korean President, Yoon has announced a state of Martial law. Now this cannot be confirmed here, but it seems to have been spread across the markets and so now the USD/JPY has taken out the low seen yesterday, at 149.08 and dropped below 149 and towards 148.75. Incidentally, BTC has busted below that 21 day moving average too and extended further to the downside below 94k
The push above 150 noted in the USD/JPY just now has come alongside further gains in the US equity space. So, it seems the service sector beat is...
The March US flash PMI data has just now hit the screens. The service sector reading was last at 51 and expect to be unchanged. It has risen to 54.3...
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