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Greenback Pushes Fresh Session Lows, USDJPY Briefly Back Below 140.00

USD
  • As the FOMC press conference progresses, the greenback is on the backfoot and the USD index has extended fresh session lows. The Japanese yen is outperforming which has prompted USDJPY to slide back briefly below 140 and narrow the gap with initial resistance at 139.75. In similar vein, EURUSD makes gradual progress back above the 1.11 mark but remains way off the week’s highs around 1.1147.

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