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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 8, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    USD/JPY fell to new lows overnight, along with Asian stock markets. The pair opened around 100.90 in Sydney, but came under renewed pressure after the Tokyo open and eventually reached a low of 100.25. There is an increased risk of BoJ intervention should USD/JPY fall back below 100. Meanwhile, GBP/USD[​IMG]

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