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Following on from an earlier update, noting how the USD/JPY was creeping ever closer to the 2024 high, it did stumble just a fraction ahead of that 2024 high. The dollar peaked at 161.93 before someone stepped in and spanked it lower.
The sharp move lower saw it fall like a stone to 161.19, but it has bounced quickly too. There is no confirmation this shunt lower was down to the BOJ, but of course that is possible and remains a risk. The dollar has just now rebounded back towards 161.75. It is currently trading at 161.65
The US flash June PMI numbers have just been released.
The services sector was forecast to rise to 51.1 from 50.7 . It has risen 51.3
The...
The US flash June PMI numbers have just been released.
The services sector was forecast to rise to 51.1 from 50.7 . It has risen 51.3
The...
The US flash June PMI numbers have just been released.
The services sector was forecast to rise to 51.1 from 50.7 . It has risen 51.3
The...
Start here. Join over 12M Libertex users around the world!