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USD/JPY extends rebound to above 143.50
The rebound in the USD/JPY today from below 142 seen earlier during the Asian session has now extended to above 143.50. That has ensured no lasting bounce for the EUR/USD and GBP/USD, notwithstanding corresponding gains in the EUR/JPY and the GBP/JPY this morning. The move higher comes as risk generally comes back on the table and the US equity futures continue to advance. The high seen so far has been set at 143.65. The USD/JPY is currently trading at 143.64. It is worth noting the high seen on Friday was set at 144.01
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