USD/JPY is back to its late Friday levels after popping earlier today (highs just under 107.30)
Apart from what has been posted, there is no fresh news nor data
And there isn't too much on the day's horizon:
Updates;
Apart from what has been posted, there is no fresh news nor data
And there isn't too much on the day's horizon:
Updates;
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ING expects the RBNZ to deliver a 25bp insurance rate hike to 2.50% on Wednesday despite collapsing oil prices, though it warns the move could be a one-off and sees limited follow-through support for the New Zealand dollar.
EUR/USD is testing the base of its 1.1400-1.1800 range, but MUFG expects a rebound toward the top of that range as euro area growth proves more resilient than feared and business confidence recovers from the energy shock.
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