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Earlier this morning the Bank of Japan did as the markets expected and left their OCR (official cash rate) on hold at 0.25%. However, that has not pushed the Yen lower. In fact, it is higher this morning and the dollar has dropped below 152.50 this morning, as the BOJ currently debriefs the press right now. Perhaps one other reason for that could be a degree of risk aversion impacting all the markets, as news emerges of a discussion regarding a large scale attack by Israel on Iran. That news cannot be verified here though. So, anyway the USD/JPY, which closed in the US last night at 153.42 , has fallen back close to 152 right now. The low seen a moment ago was set at 152.06. It is currently trading at 152.20
The final revision to the University of Michigan consumer sentiment index has actually seen all the readings revised a bit higher. Well quite a bit...
Any minute now the latest US university of Michigan consumer sentiment index will be released but this is the final reading so it might not have much...
Not that long ago Bitcoin managed to take out all the highs seen yesterday and earlier today and led it to press just above the 95k handle for the...
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