Dale J Pinkert
Independent Analyst
The safe haven euro and yen lost their shine as the global mood improved and commodity currencies broke out of ranges. And where is the pound in all this? We examined the pound against the yen, where GBP/JPY showed a nice tendency towards round numbers and as more worryings signs from Japan point to October action.
As the focus shifts towards the NFP and the rate hike implications, we discussed the reasons for the hike. Yes, no real wage growth.
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USD/JPY recovers above 156.00 following suspected intervention
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