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10 Sep 2013
Flash: USD/JPY and AUD/USD key moves – BMO
FXstreet.com (London) - Stephen Gallo, European Head of FX Strategy notes key moves in USD/JPY and AUS/USD.
Key Quotes:
“ The recovery in all things EM has continued and this has helped to push USD/JPY back above 100.00 as the JPY crosses continue to squeeze higher”.
“Better than expected Chinese data early this morning has also added to this move and has seen AUD/USD trade higher, nearly touching 0.9300 on the European open”.
Key Quotes:
“ The recovery in all things EM has continued and this has helped to push USD/JPY back above 100.00 as the JPY crosses continue to squeeze higher”.
“Better than expected Chinese data early this morning has also added to this move and has seen AUD/USD trade higher, nearly touching 0.9300 on the European open”.