Month: April 2022

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With the bond selloff resuming, USD/JPY is tracking higher although it is off its earlier high of 122.75 to 122.30-40 levels currently. The pair stays underpinned as month-end and quarter-end trading is also out of the way now, allowing traders to focus a little bit more with less uncertainty. The dollar in itself is trading
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The forex markets are rather steady in Asian session today. Focuses will turn to Eurozone CPI flash and US non-farm payrolls employment. Euro is so far still the strongest one for the week, but it will need some inspiration from inflation data to give it another lift. Dollar will particularly look into wage growth data
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