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USDJPY: Intraday retracement?

22 September 2016 Trading Tools

Yesterday we had a look at the swing scenarios for USDJPY and we signaled a moment of high volatility moment in the market, a situation likely to create great bullish and bearish opportunities for traders after the BoJ Interest Rate decision.


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Market focus

  • Eurozone PMI falls in March as manufacturing downturn deepens
  • Germany output growth at near six-year low as manufacturing downturn deepens
  • Chinese Premier Li stresses implementation of larger-scale tax cuts
  • Euro area current account surplus increased in January compared with December.

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