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The dollar is just now making some progress. Most visibly that is versus the Yen and the main reason for that is a lift in US treasury yields. The USD/JPY has now pressed above 150.70 for the first time today and that has helped to push the EUR/USD off its earlier high at 1.0860 and back underneath 1.0850. The move higher in those yields and the USD/JPY has also sent gold down to a fresh session low underneath $2,030. The USD/JPY is currently trading at 150.73 just as the US stock markets prepare to reopen for the first live session of the week
The October German ZEW economic sentiment index has just hit the screens. The index has shown a worse current conditions reading but a better overall...
Since earlier this morning the USD/JPY has been steadily leaking lower and that has allowed the EUR/USD to just now rise back above the 1.0900 handle...
The FTSE 100 was already struggling for traction today. The index was already weighed down by losses of more than 3% amongst its major oil component...
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