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Thomson Reuters
Mar 13 - 08:36 PM
USD/JPY - Ensconced In 111.00-50 Range, Gazes At Brexit Drama
First appeared on eFXplus on Mar 13 - 06:40 PM
  • USD/JPY settles into a range while markets Brexit preoccupation continues
  • Upside constrained, benign U.S. inflation data cements "patient" Fed stance
  • Weighed down by Trump's trade rhetoric nL1N2101GW, faltering global growth
  • Supported by improving risk mood as no-deal Brexit rejected nL8N2102DX
  • Asia focus Thursday on key China data and commencement of 2-day BOJ meeting
  • Support 111.00,110.74; resistance 111.45-60; watch USD downside nL1N21006H

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Source:
Thomson Reuters IFR Markets

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