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USD Extends Advance, Fed Speakers Expected

LATAM
  • The trend extends for USD/JPY, with the pair accelerating and continuing to print fresh multi-decade highs, reaching 144.82 in recent trade. The moves come despite a step-up in language from the Japanese authorities, who have now begun to deem the currency move as 'one-sided'. In similar vein, the USD index has extended the week’s advance above 110.50.
  • Fed's Mester speaks on the economy and policy at an event with MNI. Other potential Fed comments from Barkin and Brainard will be monitored.

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