Loonie and Yen in focus ahead of tomorrow

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The USDJPY has made some strong moves as of late and it’s well overdue in the current market environment. The Yen has been resilient recently, as traders were keen to hold onto some safety against the US economic environment amid a few worries. However, with the recent JOTLS Job Openings report out today showing only a slight decrease to 6.64M (6.62M exp) in the summer season, the market is very upbeat on the dollar and equities as a result. US CPI is likely to be the next major mover in the market, as markets will be looking to see if inflation is progressing at the rates the FED… Read More

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