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USDJPY has been today's main mover, with......>

FOREX
FOREX: USDJPY has been today's main mover, with the pair pushing back above its
55-DMA to test its downtrend from the August 3 high. A close above 111.00 would
suggest a bullish reversal is in place. 
- The move higher in USDJPY has been yen specific, rather than driven by yen
crosses or broad dollar gains. - The dollar has remained pretty flat relative to
EUR, GBP, AUD, and NZD, which are trading around the middle of Monday;s ranges. 
- The EM FX meltdown appears to have stabilised which should see markets become
more driven by fundamentals as opposed to headline risk. 

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