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A short while ago the USD/JPY did finally make a push above 155 for the first time in 34 years. The reason for the move is not clear, besides it has since turned lower again. The high seen was set at 155.17. The reversal that is has unfolded since has seen it turn lower in just as much time as it took to spike higher. It remains unclear at this stage, if there was anyone official, or semi-official selling the dollar off the high. The USD/JPY is currently trading at 154.99
The reaction across the markets following the release of the US data a few minutes ago has helped to lift Gold. Quite why that is the case is not...
The latest US weekly jobless claims and Durable goods orders data have just been released. The focus here is on the claims numbers and they were...
At 12.30pm GMT the US will release the latest weekly jobless claims. Now, more usually this data might not always be that important, but under the...
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