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A broad bout of USD strength occurred.........>

FOREX
FOREX: A broad bout of USD strength occurred around the Tokyo fix, with JPY
bearing the brunt of the move as USDJPY tripped stops around 109.35. The move
was also aided by confirmation that Japan's Recruit will buy Glassdoor for
$1.2bln in cash.
- EURUSD & GBPUSD took a hit on the back of the USD move, and last trade 10 & 20
pips lower respectively.
- The commodity currencies haven't threatened to make any notable gains, with
USDCAD & NZDUSD trading virtually unchanged, while AUDUSD sits 20 pips or so
lower on the day.
- The docket is limited on Wednesday, with focus set to fall on comments from
Fed voter Bostic.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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