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USD/JPY steady despite soft US data

Source: Thomson Reuters


  • UST yields & USD down after poor Housing/Claims, claims above forecast, but still below 300K

  • USD/JPY stoic initial reaction, but unlikely to last, offers 119.50/75-82

  • Hourly Tenkan & Kijun cap at 119.21; day's low & Bolli at 118.79/76 support

  • Sept Fed rate hike now just 50/50

  • Market Data
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