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Since the Bank of Japan governor started speaking and debriefing the press earlier this morning, the Yen has been weakening across the board. That has seen the likes of the EUR/JPY and GBP/JPY reach their best levels of the week. The GBP/JPY in particular has been the outperformed, rising above 191.24 this morning. So, at the same time the USD/JPY has extended its rebound back above the 143 handle and come close to the high point seen yesterday, at 143.95. That has not given way yet, but it has been a close call so far, with the high seen at 143.88. That further rise has twisted the more usual Yen/Gold dynamic noted here earlier today. The USD/JPY is currently trading at 143.78
Owing to technical reasons, after this there will be no more updates from this analyst until early tomorrow morning. In the meantime, we should note...
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
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