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USDJPY trading back through 114.00 in London

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Overview An extremely quiet session on Monday, certainly when compared to that seen last week. Theabsence of the US largely behind this. Nevertheless, low volatility trade will have been welcomed, and nowhere more so than in the JPY rates, where spot found decent offshore demand from the low 113.00’s in Asia, trading back through 114.00 in London. This went along with the general improvement in the risk mood, where Euro bourses showed decent gains across the board and S&P futures up 30pts

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