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USD/JPY Sub Wednesday Lows In Early Trade

JPY

USD/JPY is tracking lower in early dealings today, we are now comfortably sub lows from late NY trade on Wednesday. The pair last in the 139.05/10 region. This puts us back to fresh lows from Thursday last week. This looks to be carry over from Wednesday's session with talk from Fed officials of a June pause weighing on the USD and yields.

  • US equity futures were a touch weaker at the open, but are away from worst levels.
  • Coming up is Q1 Capex and company profits along with weekly investment flow data.

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