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USD/JPY slides below 153.84 tripping stops on the way
Following earlier updates this morning again noting the recent lows in the USD/JPY, at 153.84, 153.86 and earlier this morning, at 153.96. Well, the dollar has now taken all of those out and trip stops in the process of slide to below 153.30. The fall seemed to stem from comments once again emerging from Russian sources and that has sent global equity markets lower. All the US futures are now in the red and stocks here in Europe have fallen too. The USD/JPY is just off the lows right now, but this sharp move lower has also dented the risk appetite it seems as well as shunting all the major Yen crosses lower too. The USD/JPY is currently trading at 153.63
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