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USD/JPY rebounds and rises back above 155 again
Since the last update noting the slide back in the USD/JPY, the dollar has rebounded again. The USD/JPY has now lifted back above the 155 handle. That means it its close to the earlier session high at 155.14. The rebound in the dollar comes as the earlier news noted seems to dissipate and that has arrested the earlier fall in stocks here in Europe. The move also comes as US yields edge a little higher, with the 10 year note now above 4.45%. The USD/JPY just traded to 155.12. It is currently trading at 155.03
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