After the UK and US holidays its a little quiet out there in FX land. Overnight moves have been minimal.
I would suggest we’ll get some action once the Tokyo Stock Exchange opens. All eyes on the Nikkei225 again today, and maybe a glance at JGB yields. Weakness in the Nikkei and JGBs has tended to see USD/JPY trade lower, so we’ll be on the lookout for that today.
Some bids in USD/JPY 100.70/80 and offers 101.25/35
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