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Yen remains under pressure

USD
  • G10s FX are mostly in tight ranges , with a mixed Dollar, as the street wait for the PMIs releases.
  • AUD is the small early leader, just up 0.12%, but only trades in a 26 pips range.
  • The main focus in FX remains on the Yen, down 0.37%, following the BoJ keeping its expected rate unchanged, but offered no sign on Policy stance.
  • USDJPY printed a 148.45 high yesterday, but initial resistance is at 148.60 2.236 projection of the Jul 14 - 21 - 28 price swing, followed by 148.85 High Oct 31 2022.

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