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Thomson Reuters
Sep 04 - 12:12 PM
USD/JPY - Dollar Bid As U.S. Economy Pulls Ahead
First appeared on eFXplus on Sep 04 - 10:40 AM
  • ISM Manufacturing PMI jumps to best level since May 2004 nN9N1TU01G
  • Treasury, rate curves steepen, benchmark 2yr/10yr set for test of downtrend
  • Economic momentum alleviates some late-cycle slowdown fears
  • USD/JPY trades well despite risk-off tone across markets
  • August hold of 200 dma support reaffirms intact uptrend, lean agst 110.50

ISM Manufacturing: Click here

US 2yr-10yr Spread: Click here

USDJPY: Click here

Source:
Thomson Reuters IFR Markets

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