Forex - EUR/USD, USD/JPY Flows: USD bid to end the week, but wider ranges intact


 08:20 (GMT) 09 Nov

  [Forex Flows]

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EUR/USD, USD/JPY Flows: USD bid to end the week, but wider ranges intact (0101-GCJH-C01)

The improved USD tone following the FOMC may be looking overdone, although in that regard we don't have to look back too far to find current levels on most pairs. USD/JPY did make a one month high overnight but has slipped back as equity markets take a step back, but overall not too much damage done. The nearest major level is probably the year to date low at 1.1297 on EUR/USD which survived some close examination at the end of October. Looking at the calendar there is not much likely to tempt the fast money into trying at least a closer look.


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