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USD/JPY Inches to New Highs on US ECI

JPY
  • Minor uptick in the USD on the back of the ECI data tips EUR/USD further off the earlier highs, but does help aid another push in USD/JPY back toward earlier highs of 150.78.
  • Clearance here puts rate at best levels again since October last year and the various waves of intervention from the Japanese authorities.

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