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USDJPY Extends Intra-Day Bounce, Closes In On Prior Session Highs

FOREX
  • With treasuries extending lows after the latest 20-year auction tails, the greenback trades moderately in the green ahead of the FOMC minutes. Most noticeable through USDJPY, which improves the intra-day recovery to around 50 pips and closes in on yesterday’s highs which are located at 150.43.
  • In case of any hawkish interpretation in the minutes, USDJPY bulls will focus on 1.5089, the Feb 13 high, before 151.43, the November 16 high.

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