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Oct 27 - 07:55 PM

USD/JPY - USD/SGD Up, USD/JPY Surge As LDP Loses Majority, DXY Up

By Catherine Tan  —  Oct 27 - 07:15 PM
  • USD/SGD opens up, resilient US economy keeps bullish bias intact

  • USD/JPY's surge after ruling coalition loses majority adds fuel to USD rally

  • USD/JPY last at 152.87-90, traded 152.34-153.28 range early nL1N3M300Q

  • USD/SGD traded 1.3193-1.3223 range in NY, closed at 1.3223

  • Supports at 1.3190, 1.3160; resistance at 1.3250, 1.3280, 1.3300

  • DXY higher at 104.37, after range amid 103.93-104.34 overnight nL1N3M10WT

  • UST yields rise, focus on jobs data and US elections nL1N3M10NX

  • 10yr UST yield last at 4.24%, 2yr +5bps to 4.11% last

  • Related nL1N3M00RXnL1N3M1022

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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