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As soon as once more, main currencies are trying pretty subdued as we glance in the direction of European buying and selling immediately. The greenback is marginally decrease, with USD/JPY down 0.2% to 150.43 after the Japanese inflation knowledge earlier right here. That being stated, the actions since yesterday have been somewhat uninspiring to say the least.
EUR/USD remains to be one to observe although, after pushing previous its 200-day transferring common as highlighted right here. Which may open up some respiration room for the pair though affords close to 1.0900 ought to maintain issues in test for now.
In different markets, shares look to be taking a breather after the good points final week. In the meantime, the bond market continues to be somewhat tentative with the state of affairs abstract seen right here.
It appears to be like like the rest of this week will focus on potential month-end flows and volatility earlier than we flip the main focus to central banks and extra key US knowledge in March.
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