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USD/JPY Firms Modestly In Early Wednesday Trade, Aided By GDP Miss

JPY

USD/JPY has risen post the Q3 GDP miss, although broader USD sentiment has also stabilized somewhat, following Tuesday's sharp sell-off. We were near 150.40 prior to the GDP print, rising to around 150.50 post print. We have since extended gains towards 150.65, around 0.20% weaker in yen terms since the NY close. Tuesday lows were at 150.16.

  • JGB futures are also higher, last 145.26, +.64, which is above Tuesday session highs.

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