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Justin Low

USD/JPY hits 150.00, a bit of a wrestle at the key level

The pair is getting a bit jumpy around the 150.00 mark but if you ask me, I wouldn't label it as intervention. Profit-taking and position squaring seems more plausible as we take a...

Eurostoxx futures -0.3% in early European trading

German DAX futures -0.3%UK FTSE futures -0.1%This comes alongside a sluggish mood seen in US futures, with S&P 500 futures down 0.1% as well. The mood is helped out a little by news...

German PPI, Eurozone current account balance on the agenda today

There was a bit of a brief respite in markets from the headline earlier that China is considering to reduce its inbound quarantine period from 10 days to 7 days. The dollar shot...

Dollar eases as China reportedly mulls reducing quarantine period

There's a bit of suspicion of MOF intervention at first but that doesn't look likely to be the case considering how quickly USD/JPY was not really affected. Instead, the dollar was seen weakening...

Dollar gains extend, the technical tide is starting to shift again

As risk sentiment nudges lower again while Treasury yields keep higher, the dollar is finding fresh bids on the day in a push to the highs. EUR/USD is now down 0.9% to 0.9760...

Choppy sentiment but dollar holds its ground

With a lack of headlines to work with, European morning trade today has been rather restrained. The dollar is still keeping a slight advance across the board, working with levels noted earlier here.Meanwhile,...

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