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USD/JPY still holding 155 following mixed US data releases (corrected)

As the US stock market session developed in the first 30 minutes of live trading, the USD/JPY fell back towards the 155 handle once more. The dollar dropped to a new European session low around 155.05, as all three major US stock market indexes fell a bit further into the red. The S+P 500 fell below 6k, as the Nasdaq 100 approached 21k to the downside and even the Dow Jones slipped. The dollar was not so weak versus Europe though, but off its best levels and it looked like there was left-hand side in the major Yen crosses as a result of the move lower in the USD/JPY. So, now the latest reading of the Richmond Fed Manufacturing index has been released, it has generally beaten market estimates despite remaining in negative territory. The latest US consumer confidence index was also released and that was not so good, falling back to 104.1 from a revised prior reading above 104.7. Overall the FX reaction to all that lot has been rather muted, but it has not dented the dollar yet at all. The USD/JPY is right now at 155.35 and US stocks are on the rebound again as the rollercoaster rumbles on 

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