Little bit of early pressure in USD/JPY in the Tokyo market, but unfortunately we are resigned to talking about 10 pip moves as there’s nothing going on.
The Nikkei is -0.7% and the Kospi is -0.2% in early trade.
Nikkei opens -0.7%, USD/JPY eases lower
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- USDJPY backs off from the high of the value area for the pair between 147.95 and 148.16
- European equity close: Flat start rounds out a solid week
- Gold rises $15 and eyes the weekly high
- USDCHF rotates lower and tests the 100 hour MA. The level will now be a key barometer
- UMich September prelim consumer sentiment 55.4 vs 58.0 expected
- Broader stock indices little changed in early US trading
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