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US Empire manufacturing index better than forecast- USD/JPY edges higher

That latest New York region manufacturing index (Empire) has just now been released and it has beaten on forecasts. The index has rebounded to +5.7, where the markets were forecasting a -2 reading. The index was last at -12.6. The impact of this has not been huge, but it has been enough to lift the USD/JPY slightly. As to whether it remains lifted is another matter though. The EUR/USD has already fallen to fresh session lows, around 1.0445 leading into the release, so there is not much of a reaction there yet. The USD/JPY had traded to 151.63 ahead of the data. It is right now at 151.71 

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